Tuesday, February 20, 2007

Sugiharto Propose BTN IPO

Ministry of State Owned Enterprises (MSOE) will propose the initial public offering (IPO) plan of the Bank Tabungan Negara (BTN).

BTN has planned to issue some bonds. The total value of the bonds will be IDR1.5 trillion. With such bonds, the bank was sure to get enough capital to expand its mortgages.

No comments: