Banks to recalculate RWA based on Basel III Reforms
12 Jan 2023 07:26
Banks are mandated to recalculate risk-weighted assets (RWA) and adjust them according to Basel III Reforms starting January 1, 2024.
In need for extra capital, Bank QNB to hold rights issue of 14.72 billion shares
11 Jan 2023 11:03
PT Bank QNB Indonesia Tbk (BKSW), a subsidiary of Qatar National Bank, announces the plan to increase its capital through the issuance of pre-emptive rights, also known as a rights issue, of 14.72 billion units of shares.
Seeking IDR 1.49 trillion from IPO, Bank Sumut to expand credit and digitalisation
09 Jan 2023 16:18
PT Bank Pembangunan Daerah Sumatra Utara Tbk (BSMT) is eyeing fresh funds of IDR 1.49 trillion from its initial public offering (IPO), which will be used to enhance its credit channeling and business digitalisation.
BTN recorded 1.6 oversubscription in rights issue
06 Jan 2023 13:33
The rights issue held by PT Bank Tabungan Negara (Persero) Tbk (BBTN) had been welcomed enthusiastically by investors, as indicated through 1.6 times oversubscription.
PPRE to obtain credit facility of IDR 600 billion from BRI
03 Jan 2023 12:22
PT PP Presisi Tbk (PPRE) and one of its subsidiaries, PT Lancarjaya Mandiri Abadi (LMA), have secured a credit facility of IDR 600 billion from PT Bank Rakyat Indonesia (Persero) Tbk (BBRI).
Bank Victoria Syariah secured IDR 562 billion of capital injection
02 Jan 2023 12:56
PT Bank Victoria Syariah (BVIS), a subsidiary of PT Victoria Investama Tbk (VICO), has secured additional capital worth IDR 562 billion.