OJK Welcomes Good Result of Issue of Bank Bukopin
By : Herry Barus And Aldo Bella Putra | Sunday, July 29 2018 - 20:30 IWST

Bank Bukopin (Foto Dok Industry.co.id)
INDUSTRY.co.id - Jakarta - The Financial Services Authority (OJK) welcomes the right issue or preemptive rights of Bank Bukopin amounting to Rp1.46 trillion conducted on Friday (27/7).
OJK written press information received in Jakarta, Saturday (28/07/2018), states the implementation of "rights issue" has been done effectively and in accordance with the planned timeframe.
Stages of the "right issue" process will have a positive impact in strengthening the capital and supporting the business development of Bank Bukopin.
In addition, the success of the share purchase process also indicates the high confidence of international market players in banking in Indonesia.
After the process, Kookmin Bank, which is listed as one of Korea's largest banks and a standby buyer in the "rights issue", will control 22 percent of Bank Bukopin's shares.
With Kookmin Bank having a core business in MSME, this "rights issue" is expected to encourage lending to the UMKM sector.
Overall, this process can also have a positive impact on the business development of Bank Bukopin and boost Indonesia's economic growth.
Read Also
Citi Named Best Bank in Asia by The Asset Magazine
CIO Insights 2Q22 Summary: Anchor in the Storm
DBS Bank tops Debtwire Asia Pacific (ex Japan) Loans League Table…
Citi Indonesia Named as Best Company for Creating Leaders from Within
Citi Indonesia Posted Rp869 Billion in Net Income during Third Quarter…
Today's Industry

Jumat, 13 Mei 2022 - 16:15 WIB
Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021
Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…

Jumat, 13 Mei 2022 - 15:45 WIB
Demand Increases, CLEO Recorded IDR307.7 Billion Sales in Q1-2022
PT Sariguna Primatirta Tbk (Tanobel Group), a public company and manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, recorded a 30% increase in sales reaching IDR307.7…

Jumat, 13 Mei 2022 - 15:15 WIB
Emerson’s New Emergency Shutdown Discrete Valve Controller Improves Safety, Uptime in Hazardous Applications
Emerson introduced the TopWorxTM DX PST with HART® 7. Units provide valuable valve data and diagnostic information, enabling the digital transformation of process applications.

Kamis, 12 Mei 2022 - 15:26 WIB
HOKI Launches Another New Product
PT Buyung Poetra Sembada Tbk (“HOKI”), a Public Company which produces quality rice under the “Topi Koki” and “HOKI” brands, continues to innovate by re- launching new products.…

Kamis, 12 Mei 2022 - 14:19 WIB
Rockwell Automation Releases New, Highly Customizable Industrial Monitors
Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the release of a new line of industrial monitors…
News Comment