PT Bank Sumut picks PT Mandiri Sekuritas as a underwriter for IDR1 triliun bonds issuance. The banks plans to maintain capital adequacy ratio at level 13 percent from the IDR400 billion subordinate debt issuances.
The company plans to add 20 new offices from the current 124 offices. Bank with base on North Sumatra in first half of 2010 achieved profit before tax amounted to Rp375 billion, grew 125% from the same period last year.
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