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)
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.

News Comment

Today's Industry

John Baker - Security Engineering Manager and Bug Bounty Advisor for HackerOne

Kamis, 02 Juli 2020 - 17:45 WIB

Why The Future of DevOps Needs Hackers?

In my days as a Quality Assurance (QA) Engineer testing hospitality software, functional testing was seen as the last step before deployment and release. Any major defects found in the QA cycle…

Jonathan Knudsen - Senior Security Strategist, Synopsys Software Integrity Group

Kamis, 02 Juli 2020 - 17:10 WIB

That’s Not How it Works: All Development Should be Secure Development

Secure development is more important today than ever before. A vast number of cyberattacks have placed security in the spotlight, with many organisations adopting safer practices to ensure that…

Ilustration Cyber Security (Photo by Cyber Security—Advancing through AI - IEEE Innovation at Work)

Rabu, 01 Juli 2020 - 10:35 WIB

As Organisations Get Back to Business, Cyber Criminals Look for New Angles to Exploit

As businesses re-open, Covid-19 continues to pose a threat so organisations are implemented testing programs and enforcing new workplace rules to prevent new infections. To prepare employees…

Marten Mickos, CEO at HackerOne (Photo by Wikipedia)

Selasa, 30 Juni 2020 - 17:00 WIB

The Power of Crowdsourcing

As we go through the fourth industrial revolution that digitises everything we do, economic and societal fundamentals are changing in ways we have not experienced before.

Wira Wijaya Gea

Sabtu, 27 Juni 2020 - 16:42 WIB

Increased Use of Online Shopping Apps During the Pandemic COVID-19

During the PSBB period, many people used the internet as a means of supporting communication by using various applications. Moreover, amid the WFH (work from home) system mandated by the government,…