JAKARTA (Yosefardi) – PT Bank of India Indonesia Tbk (BSWD) plans to issue 173.6 million new shares, or 16.67% of its enlarged capital, priced at Rp2,800 per share, to raise total proceeds of Rp486 billion.

Each shareholder with 5 old shares recorded at December 10, 2014 will be entitled to buy one new share. Trading of rights is scheduled for December 12-19, 2014.

As at September 30, 2014, BSWD’s liability totaled Rp4.1 trillion, of which third party funds accounted for Rp3.49 trillion. Its assets reached Rp4.66 trillion, of which credits amounted Rp3.08 trillion.

The bank booked net profit of Rp82 billion in first nine months of 2014 on net interest income of Rp127.8 billion.