Weekly Business
Wednesday, October 6, 2010
CAPITAL INCREASE
Government Prioritizes BNI
THE State Ministry for State-Owned Enterprises has decided to prioritize capital increase at PT Bank BNI Tbk. Compared to PT Bank Mandiri Tbk "BNI's capital increase is far more important," said SOEs Minister Mustafa Abubakar in Jakarta on Thursday last week.
BNI and Mandiri will both increase their capital through a rights issue mechanism. The government as the owner of these two banks will purchase the new
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