Bukopin offers 32% shares to public
PT Bank Bukopin Tbk, a bank controlled by Indonesian government and Logistic Agency's Workers Cooperative, launch an IPO of 32% shares today.
PT ABN Amro Securities, PT Bahana Sekuritas, and PT Indo Premier Securities are the underwriters of the IPO.
The bank would use the proceeds to boost loans to SMEs, expand its outlets, and improve human resources quality.
As of Dec 2005, Bukopin has total assets of Rp24.69 trillion (almost US$2.8 billion). The company booked net profit of Rp257 billion last year, increased from Rp210 billion in 2004.
The bank would use the proceeds to boost loans to SMEs, expand its outlets, and improve human resources quality.
As of Dec 2005, Bukopin has total assets of Rp24.69 trillion (almost US$2.8 billion). The company booked net profit of Rp257 billion last year, increased from Rp210 billion in 2004.
Labels: ABN Amro
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posted by yosef at 7:10 AM
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