Search result for: "Bank Mandiri"

PT Bank Mandiri (Persero), Tbk (BMRI IJ) estimates in the next two years investment in deposits, will no longer be profitable amidst the banking deposit interest rate continues to decline. For the record, Bank Indonesia has lowered its reference rate 7-days repo rate of 25bps to 4.25%, with an inflation rate at.

PT Golden Energy Mines, Tbk (GEMS IJ) prepared its working capital credit facility worth USD35mn, to support its operational growth. Previously, company has the approval from its shareholders through the extraordinary shareholders meeting (RUPSLB) on September 4, 2017, to submits loan to PT Bank Mandiri (Persero), Tbk (BMRI.

The company plan to fix its funding structure through bonds and Negotiable Certificate of Deposit (NCD) issues. This strategy is to sustain company’s credit expansion in this year. The company projected to issue bonds on this coming June, worth IDR2trn through 2 series, 3 and 5 years. Fitch’s Rating granted AA on the first issue..

State-owned lender Bank Mandiri, Tbk (BMRI IJ) expects to raise IDR5trn (USD375.6mn) from an upcoming bonds issuance to support its long-term financing on infrastructure projects. The upcoming issuance will take form in two types of securities, namely coupon-bond and zero-coupon bond. The lender will become the first bank in the country to issue such debt.

Bank Central Asia, Tbk (BBCA IJ), the largest private bank, saw its loan growing by 5.8% yoy to IDR386.1trn in 9M16). Its bad loan as reflected by its non-performing loan (NPL) ratio which doubled to 1.5% from 0.7% a year earlier, therefore its loan-loss provision rose was up 47.8% yoy to IDR11.3trn. The management saw.

Since Bank Mandiri (BMRI) took 51% ownership of Mandiri Tunas Finance (MTF) from Tunas Ridean (TURI) in 2009, MTF’s outstanding consumer receivables have almost tripled to IDR8.2trn at end-2011 from UDR2.9trn as at end-2009. However, the loans growth did not translate into higher net income due to rising provisions and contraction in margin. The good.

A good combination of variables to move forward BMRI is our top pick for the banking sector as it is well-positioned going into 2012. Its key strengths include: (i) a liquid balance sheet gives the bank ample room to disburse loans, (ii) an impressive deposit franchise growth enables it to manage its cost of funds,.

There are two new bonds offering this week they are; i) Medco Energi Internasional, Tbk (MEDC:IJ, idA+/Neg) and Bank Syariah Mandiri (BSM, idAA-(sy)/Stable). Medco sets to issue IDR1trn of Shelf Registration Bond II tranche III in which the public offer sets to be held next week on 15-16 Dec.This is the third bond issuance this.

On the rating action, Moody’s has affirmed the Baa1/Stable rating for Telekomunikasi Selular (Telkomsel). The rating affirmation is based on the company’s established position in the wireless telecommunications operator with around 45% subscriber market share. The company’s rating is limited by the competitive nature of the operating environment, as well as the risk of indirect.

PT Putra Mandiri Jembar Tbk (PMJS) has purchased shares of PT Dipo Internasional Pahala Otomotif (DIPO). To carry out this corporate action, PMJS had to spend Rp 75.6 billion. Ie Putra, Director of PMJS explained that the company had made the transaction on Monday.