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.(*)

 

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