JAKARTA (Yosefardi) – Shareholders of PT Bank Panin Syariah (PNBS) have approved to boost the bank’s authorized capital to Rp3.9 trillion by end of this month, from Rp2 trillion by end of last year.
This capital enhancement will lead the bank to enter into BUKU 2 category of commercial bank. The bank targets its loan to grow by 40-50% this year, compared to Rp3.5 trillion last year. As of May 2014, the bank’s loan disbursement totaled Rp3.8 trillion.
PNBS also targets third party funds to reach Rp3.2 trillion this year. PNBS raised 475 billion from its initial public offering (IPO) in January this year.