JAKARTA (TheInsiderStories) - Foreign and local investors eyes PT Bank Sahabat Sampoerna shares, said the director on Thursday (03/04). Beside capital injection scheme, the company also explores an initial public offering option to raise funds of Rp500 billion (US$34.96 million) to turn the lender’ capital into Rp2 trillion.
According to the director, Henky Suryaputra, as quoted by local media, his party was exploring the two options and it could be carried out together. Until 2022, the bank owned by Sampoerna family targeting to have caiptal Rp3 trillion.
While, president director of Bank Sampoerna, Ali Rukmijah said, to boost the target, his party will be more aggressive in working on the digital banking sector. He revealed, with the growth of financial technology, the use of credit underwriting technology is very beneficial. He reported the bank’ online transactions have reached 1.5 million users.
Based Financial Service Authority (FSA) Regulation Number 12 of 2020, the banks were required to meet the minimum capital requirement of Rp3 trillion in 2022. On Thursday (03/04), chief executive of FSA, Heru Kristiyana, reported, in general banks in Indonesia have responded to fulfill core capital through additional paid-in capital as well as through consolidating.
Since last year, he continued, there were seven consolidated actions. More detail, in 2019 there were 110 banks in Indonesia, consisting of 17 BOOK 1, 61 BOOK 2, 26 BOOK 3, and four BOOK 4 banks. Until January 2021, there are no more BOOK 1 banks, while 71 banks in BOOK 2 level, 29 banks in BOOK 3 class, and eight banks in BOOK 4. In total, until today there were 109 banks in Indonesia.
Since last year, the regulator has urged the lenders encourages the consolidation to create a strong banking structure, expand the business scale and increase the competitiveness of the local banks and give a significant contribution to the national economy. Kristiyana explained, the consolidation scheme was not only directed through a merging or interbank integration scheme, but also expanded through the scheme of forming a Bank Business Group.
On the contrary, through this consolidation small banks have room to strengthen themselves through a merging, merging or holding scheme on a larger bank business group. This will create a larger, more resilient, more contributive, innovative and competitive bank structure through increasing business scale and capital,” he claimed.
This policy also provides incentives for those who have implemented a consolidation scheme and fulfilled the minimum core capital through the exclusion of the single present policy and the maximum shareholding and other related provisions.
US$1: Rp14,300
Written by Editorial Staff, Email: theinsiderstories@gmail.com
