JAKARTA (Yosefardi) – PT Bank Mayapada Tbk (MAYA) issues bonds worth Rp700 billion, used for working capital including supporting its loan expansion.
The bonds has tenor of 7 years, underwritten by Victoria Securities Indonesia and RHB OSK Securities Indonesia.
The book building starts today and will last in November 28, 2014. The offering is scheduled for December 9-11, 2014.
The bank booked profit after tax of Rp377 billion in first nine months of 2014, grew by 7% from Rp352 billion in the same period of 2013.
Its assets totaled Rp31.78 trillion of which credit amounted Rp22.89 trillion. While third party funds reached Rp28 trillion of which time deposits accounted for Rp22.9 trillion. CAR was 11.46% while LDR stood at 81.68%.