Indonesia's digital bank stocks decline amid SVB collapse aftershock

Indonesia's digital bank stocks decline amid SVB collapse aftershock

Customers can open a Bank Jago account from Gojek app. (Photo courtesy of Bank Jago and GoPay)

Stocks of several Indonesian digital banks on Monday suffered a significant drop in the aftermath of the Silicon Valley Bank’s (SVB) sudden shutdown on Friday.

Edited by: Padma Priya