Monday, October 27, 2014

MNC Bank Ready Adds Capital Rp 3 Trillion Until 2018

MNC Group CEO, Hary Tanoesoedibjo revealed, it plans to increase capital MNC PT Bank Internasional Tbk (MNC Bank) of IDR 3 trillion by the end of 2018. These measures were taken to meet the needs of credit and infrastructure development company. "Regarding capital MNC Bank, we will adjust with business growth. In accordance with the business plan that has been approved, the plan will be a capital increase ID R3 trillion until the end of 2018, "said Hary, in MNC Tower, Jakarta, Monday, October 27, 2014.

According to him, with a capital increase of up to IDR 3 trillion, by the end of 2018, MNC Banks will be in the category of Commercial Bank Business Group (CBBG/BUKU) III.

Business development for the banking industry is inseparable from the ambition MNC Group to synergize business activities in the property sector and the mass media which have also been the focus of the company's business.

"The financial services industry is becoming a central economic activity is need for synergy between the units," said Hary.

Meanwhile, Vice President Director of MNC Banks, Benny Purnomo added capital increase carried out in stages. The first year of the capital increase carried out by IDR 500 billion and IDR 500 billion in the second year. Furthermore third and fourth year until 2018 IDR 1 trillion will be added twice.

Currently, the position of the capital adequacy ratio (CAR) stood at 17% until the end of the year and will likely finish in the level of 15%. "After the capital increase, the CAR will be maintained 18%," said Benny.

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