JAKARTA (Yosefardi) – PT Bank DKI mulls to raise fresh fund through the initial public offering (IPO), to help cover the working capital until 2015.
The bank needs capital of more than Rp2 trillion until 2015, then it would raise fresh fund by gradual.
For this year, the bank need additional fund of Rp900 billion but it only obtained Rp350 billion fund injection.
For 2014, Bank DKI proposes to get fund allocation of Rp525 billion. So, the accumulated fund to cover the bank’s capital proposal totals Rp1.075 trillion.
Bank DKI targets to expand its loan disbursement by 27% next year, but at the same time it opts to maintain the capital adequacy ratio (CAR) at 15% level.
DKI provincial government will inject Rp1 trillion to Bank DKI, to fund the expansion of office branches.