PT Bank Saudara Tbk prepares rights issue in semester II/2010 targeting to rake up IDR200 billion proceeds to bolster capital and expansion.
The schedule of rights issue with preemptive rights is by semester II/2010 to boost up the capitalization into IDR455 billion as from the current IDR255 billion.
The company plans to increase the capital adequacy ratio (CAR) into 22.9 percent as from 14.1 percent last year and thus the rights issue II will support the business expansion and BPR sharia acquisition.
The company plans to increase the capital adequacy ratio (CAR) into 22.9 percent as from 14.1 percent last year and thus the rights issue II will support the business expansion and BPR sharia acquisition.
The comoany projection of credit expansion this year could grow by 27.95 percent as from IDR1.93 trillion last year into IDR2.46 trillion. The credit is focused on the consumer financing market for employment and pensioner credits and commercial segment of small and medium enterprise.
Bank Saudara has got approval from the shareholders to acquire BPR Syariah Artha Fiesabilillah worth IDR500 million. The bank will be developed with financially prepared IDR3 billion investments.
The company will have organic expansion by adding 42 offices in Jakarta, West Java, Central Java, East Java and Bali and thus the networks will become 84 offices by end of the year.
The company will have organic expansion by adding 42 offices in Jakarta, West Java, Central Java, East Java and Bali and thus the networks will become 84 offices by end of the year.
The company also aim to have asset growth in the next three years which could be upsized into IDR10 trillion to increase the competitiveness capacity of the medium scale banks. By end of the year, the corporate asset is targeted to reach IDR4.4 trillion or grow by 41.71 percent from IDR2.4 trillion last year.
No comments:
Post a Comment