JAKARTA (Yosefardi) – PT Bank ICB Bumiputera Tbk plans to launch rights issue in first half of next year, targets to raise Rp500 billion proceeds, used to strengthen its capital structure.
With this new fund, the bank almost reaches BUKU 2 category with core capital of Rp1-5 trillion range. This rights issue will also help boost the bank’s CAR to 13.6% from current 12.5%.
Majority shareholder, ICB Financial Group Holdings AG are now offering to sell 30% shares of ICB Bumiputera to PT MNC Capital, awaiting approval of Bank Indonesia.
Bank ICB Bumiputera booked net profit of Rp3.43 billion in first nine months of this year on net interest income of Rp220.4 billion. Its assets totaled Rp7.47 trillion while liability amounted Rp6.7 trillion.