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Meanwhile, Bukopin president director ...
Meanwhile, Bukopin president director Glen Glenardi said he was upbeat that his bank would be able to tap deeper into the eastern region's market if the acquisition plan was realized.
strong financial posture and networks in the eastern region will surely help us expand our business in that region," he
said, adding that Bukopin
currently had only four branch offices in eastern Indonesia.
Glen Glenardi, ...
Glen Glenardi, Bukopin's executive director, said the bank had been vigilant in giving out credits, as shown by a fairly low non-performing loan (NPL) with gross NPL declining to 2.99 percent from 3.98 percent last year.
The bank was established in 1970 with 280 branches in 22 provinces in Indonesia.
Glen GlenardiPresident DirectorPT Bank Bukopin Tbk
"Shareholders have agreed on the plan ...
"Shareholders have agreed on the plan for dividend payments," Bank Bukopin President Director Glen Glenardi said in a press conference here on Thursday.He
said the dividend accounted for 50 percent of the bank`s net profit of Rp365.13 billion last year.
NEWS : Thursday, June/1/2006 08:13:21 GMT+7. : Indonesia's Bukopin says eyes IPO in July
Glen Glenardi, Bukopin's president director, said the lender had appointed three firms to underwrite the float, including ABN AMRO and state-run Bahana Securities.
"We have not predicted how much money we could raise.The proceeds would be used mostly to expand our business," Glenardi
"We aim to expand our loans by 15 percent this year," he