JAKARTA - PT MNC Bank Internasional Tbk (BABP) plans to raise capital through a rights issue worth Rp 500 billion in mid 2016. With this corporate action, the company’s capital ratio is projected to increase from 15% currently to 18%.
The rights issue is part of a plan to increase capital BABP Rp3 trillion through 2017. Going forward, the company will also make changes to the business focus of its corporate and retail consumption. Next year, the overall credit growth BABP will reach 30%, with growth in consumer loans and retail by 40% and corporate loans by 10%. (*)