JAKARTA (Yosefardi) – PT Bank UOB Indonesia plans to issue subordinated bond worth Rp1 trillion, to start the book building today until May 7, 2014. The offering is scheduled for May 21-22, 2014.

The will have tenor of 7 years. Acting as underwriters are Danareksa Sekuritas, Indo Premier Securities, Mandiri Sekuritas, Trimegah Securities, and UOB Kay Hian Securities.

Its liability totaled Rp62.1 tillion while assets reached Rp71.38 trillion. The bank booked net profit of Rp1.14 trillion in 2013 on net interest income of Rp2.84 trillion