BNI wins IFR Asia award

10 Februar, 2012 | Source: ANTARA News

Jakarta (ANTARA News) - State-owned Bank Negara Indonesia (BNI) has received an award from the International Financing Review (IFR) Asia for capital market category.

BNI was the only Indonesian bank receiving the award as the other recipients of the award were leading financial institutions and banks in Asia, the bank said in a press statement released on Thursday.

The award was given to BNI in recognition of its corporate action through rights issue in which the bank managed to raise Rp10.4 trillion in funds at the end of 2010, the statement said.

The award was received by BNI chief financial officer Yap Tjay Soen at a function held at The Grand Hyatt Hotel in Hong Kong on Thursday.

Yap said the award was a manifestation of Asian market players` appreciation for the bank`s success in choosing strategy and convincing the financial market when the bank made the rights issue.

"Thanks to hard work and close cooperation among all BNI personnel as well as support from all external stakeholders including market players` and investors` confidence, the rights issue made by BNI has yielded optimum fruit," he said.

IFR Asia is an influential capital market media which has wide circulation with Asia banking and investment community as its audience target.(*)

 

The Indonesian government plans to issue savings sukuk (Islamic bonds), series ST007, to expand the base of retail investors in the domestic financial market and finance green projects in the state budget (APBN).
President Joko Widodo recently signed a regulation specifying the procurement and immunization schedule for the COVID-19 vaccine for Indonesia, which has been battling the deadly disease since March 2 this year.
President Joko Widodo on Wednesday said the coronavirus pandemic has reminded the nation and the state of the importance of science and technology.
Indonesian Foreign Affairs Minister Retno Marsudi offered her condolences and sympathies to the families of the victims of the explosion that rocked Beirut in Lebanon on Tuesday evening.
Indonesia is working with South Korea to develop a vaccine for the novel coronavirus disease, in addition to collaborating with China.
Indonesia′s economy will start to open and recover from the COVID-19 crisis in August this year, the World Bank′s Country Director for Indonesia, Satu Kahkonen, stated on Thursday.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu