JAKARTA – PT Bank CIMB Niaga Tbk (BNGA) has set aside IDR 391 billion for the repayment of the principal of its Shelf-Registration Sukuk Mudharabah I Bank CIMB Niaga Phase III/2020 Series C.

Susiana Tanto, Corporate Affairs Head at BNGA, stated that the funds are now ready. The repayment deadline for the debt securities, according to Susiana in a disclosure, is set for March 27, 2025.

“There is no impact from this material information or fact on the company’s operational activities, legal standing, financial condition, or business continuity,” Susiana explained.

According to data compiled by IDNFinancials.com, Shelf-Registration Sukuk Mudharabah I Bank CIMB Niaga Phase III/2020 Series C was issued on 30 March 2020.

The sharia debt securities, with ISIN code IDJ0000155C1, offer a floating yield paid every three months. (DH/KR/ZH)