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Indonesia’s BRI Agro Eyes $139M from Right Issue

JAKARTA (TheInsiderStories)--Indonesia's publicly listed agri-focus lender PT BRI Agroniaga Tbk (IDX: AGRO) eyes Rp2 trillion (US$139.042 million) from a rights issue in September 2018. According...

Moody’s Assigns Baa2 rating to BRI’s US$ Senior Unsecured Notes

JAKARTA (TheInsiderStories)--Moody's Investors Service has assigned a Baa2 long-term foreign currency senior unsecured rating to PT Bank Rakyat Indonesia (IDX: BBRI)proposed US dollar denominated...

BRI Agro to Acquire Two Small Banks

JAKARTA (TheInsiderStories) - Local lender PT BRI Agro Tbk (IDX: AGRO) announced that it has allocated Rp 1 trillion (US$70 million) to acquire two...

Morning Briefs – Dec. 28

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: India's Balmer Divest 50% Indonesian Unit Shares Balmer Lawrie &...

Two Major Banks Acquire Financing Firms, eyes Micro Lending

JAKARTA (TheInsiderStories) - Two Indonesia's major lenders, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) and PT Bank Central Asia Tbk  (IDX: BBCA) have acquired two financing...