Allo Bank started in 1992 at PT Bank Arta Griya. Mega Corpora, the financial services arm of Indonesian conglomerate CT Copora Business Group, then acquired the company in 2021. It then relaunched Bank Arta Griya as Allo, a digital bank, in 2022. Allo now has access to the CT Group’s 100 million customers. The bank currently has over 7.5 million customers and earned $28.8 million in profit last year.
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