Pyridam Farma's subsidiary secures IDR 102.5 billion credit
19 May 2023 06:17
PT Ethica Industri Farmasi (EIF) obtains a credit facility from PT Bank Mandiri (Persero) Tbk (BMRI) of IDR 102.5 billion.
ADRO's subsidiary secures IDR 2.5 trillion loan
17 May 2023 06:21
PT Kalimantan Alumunium Industry (KAI) and PT Kaltara Power Indonesia (KPI) have obtained a loan facility of IDR 2.5 trillion in total to aid the establishment of aluminium smelting facility and power plant in North Kalimantan.
MEDCO to submit assets as guarantee for USD 420 million loan
15 May 2023 16:27
Two subsidiaries of PT Medco Energi Internasional Tbk (MEDC) have reportedly obtained revolving loan worth USD 420 million that will mature on December 31, 2028.
CITA to guarantee IDR 3.8 trillion loan for aluminium smelter
23 Feb 2023 06:03
PT Cita Mineral Investindo Tbk (CITA) will grant a corporate guarantee for its associate’s loan facility worth IDR 3.8 trillion.
LPS to boost security interest by 25 bps
27 Jan 2023 06:04
Indonesia Deposit Insurance Corporation has increased the security interest rate for commercial and people’s credit banks by 25 bps, effective February 1 to May 30, 2023.
Seeking loans, ATIC agrees upon corporate guarantee
24 Jun 2022 09:26
PT Anabatic Technologies Tbk (ATIC) to seek fresh loans from banks and non-bank financial institutions in order to solidify its capital structure to support business expansion.
Semen Merah Putih secures IDR 100 billion credits from Bank Oke
19 May 2022 06:29
PT Gemilang Mulia Sentosa (GMS), a subsidiary of PT Cemindo Gemilang Tbk (CMNT), the manufacturer of Merah Putih cement, secures a credit facility with a limit of up to IDR 100 billion from PT Bank Oke Indonesia Tbk (DNAR).
Intan Sejahtera Andalan secures IDR 150 billion loan from Bank UOB
29 Apr 2022 11:40
PT Intan Sejahtera Andalan (ISA), an affiliate of PT Mahkota Group Tbk (MGRO), acquires a credit facility worth IDR 150 billion from PT Bank UOB Indonesia.
Conventional banks deposits reached IDR 7,338 trillion in November 2021
07 Jan 2022 07:50
The Indonesia Deposit Insurance Corporation recorded total funds in saving accounts of commercial banks of IDR 7,338 trillion by the end of November 2021.
Gov’t drew up IDR 920.71 billion for JKP program
07 Oct 2021 05:07
The government prepares a budget of IDR 920.71 billion for the Job Loss Protection (lit. Jaminan Kehilangan Pekerjaan/JKP) program in 2022. This program is envisioned to be a short-term safety net.