JAKARTA - PT Asuransi Jiwasraya (Persero) has paid off a loan facility provided by PT Bank Negara Indonesia (Persero) Tbk (BBNI) or BNI as of late 2019.
“In September 2018, BNI provided a loan facility to Jiwasraya for operational needs. The facility was gradually paid off using proceeds from bond sales,” BNI Corporate Secretary Meiliana said in a stock exchange filing, Thursday (2/1).
“In December 2019 the facility was wholly paid off and the account closed.”
As reported by Bisnis.com, as of September 30, 2019 the company posted a Rp 13.7 trillion loss with Rp 23.92 trillion in negative equity. In addition, the company’s asset value was recorded at Rp 25.68 trillion, down from Rp 36.23 trillion on December 31, 2018. (MS)