Search result for: "Bank Rakyat Indonesia"

Bank Rakyat Indonesia, Tbk (BBRI IJ) will issue and offer the Bank BRI II Phase II Year 2017 Self Registration Bonds, with a total amount of IDR5.1trn and such bonds was registered into KSEI’s collective custody by Bank Rakyat Indonesia (Persero) Tbk for Public Offering. The bonds issued in four series: the A series worth.

Fitch Ratings has revised the outlook on Indonesia Eximbank to Positive from Stable. At the same time, Fitch did not raise outlook on other 3 SOE banks Bank Rakyat Indonesia, Tbk (BBRI:IJ), Bank Mandiri, Tbk (BMRI:IJ), and Bank Negara Indonesia, Tbk (BBNI:IJ) but affirming them at stable outlook in view that the government’s support on.

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.

Total corporate bonds issuance in the first nine month of this year has reached a staggering IDR79trn, up by 26% than full year issuances in 2015. This year issuances were still dominated by banks and multifinance firms with their combined issuances accounted for 80% of total year to date issuances. The biggest issuer was Eximbank,.

According to the bond prospectus released this week, Bank Tabungan Pensiunan Nasional, Tbk (BTPN IJ, AAA(idn)/Stable) is offering Shelf Registration Bond III Tranche I that split into 2 series; Series A having 370 days maturity priced at 7.5% and Series B with 3 year maturity priced at 8.0%. The final price for 3 year bond.

Indonesia banking sectors seek to broaden its long-term funding base through the issuance of debt securities those are believed to be cheaper than funding from customer deposits. Total fundraising from bonds market by banks sector year to date has reached IDR5.7trn. That number will increase as some listed banks will get the issuance out soon,.

Indonesia corporate bonds issuance in the 1Q16 reached IDR13.68trn, up by 11% compared similar period last year. Issuances were mainly stem from banks and multifinance sectors unlike previous year. The biggest issuer was recorded by Bank Rakyat Indonesia (BBRI:IJ) (idAAA/Stable) which has issued IDR4.65trn in early February followed Eximbank (idAAA/Stable) with IDR4trn issuance size. In.

The newly offered bonds by Bank Rakyat Indonesia, Tbk (BBRI:IJ) are priced at 8.5% for 1y bond while the 3y and 5y bonds priced at 9.25% and 9.6% respectively. They all are higher by 5-10bps than the coupon rate given on its similar bonds last year. Note that the bank has also issued 3 bonds.

PT Bank Nagari is offering 10.6% – 11.1% for 5y conventional and sukuk bond with the issue size of IDR 500 bn and IDR 100 bn respectively. Bank Nagari and its conventional and sukuk are rated at A by Pefindo. The book building will be on 8 – 17 Dec 2015 while the public offering.

While we are still cautious on Indonesia’s short-term equity market outlook owing to economic and political uncertainties, we are of the view that its long-term fundamentals are intact. We foresee 2014 GDP growth dipping to 5.4% while Bank Indonesia (BI) may have to raise the BI rate to 7.75-8.25%. As short-term macroeconomic fundamentals are weak,.