PT Bank Niaga Tbk (BNGA
) rose 1.04% from Rp960 to Rp970 per share, PT Bank Lippo Tbk (LPBN) increased 3.74% from Rp2,675 to Rp2,775 and PT Bank Pan Indonesia Tbk (PNBN) shot up 50.77% from Rp650 to Rp980 per share.
PT Bank CIMB Niaga (BNGA
.JK), Indonesia's fifth largest bank by assets, has said that it was planning to issue 1.41 billion rights shares priced at IDR1,065 each on December 15, 2010, Dow Jones has reported.
Indonesian lender PT Bank CIMB Niaga Tbk (BNGA
.JK) is planning to issue as much as IDR1.5tn (USD161.9m) of subordinated debt in July to strengthen financing, Dow Jones has reported.
PT Bank Niaga (BNGA
.JAK) is planning to issue bonds worth USD100m in the first half of 2010 to help refinance its debt, Dow Jones has reported citing a senior executive with the bank.
BankThai PCL (JAK: BNGA
), which is majority owned by Malaysia's CIMB, has said it is changing its name to CIMB Thai Bank as Malaysia's CIMB completes its acquisition of the bank.
PT Bank CIMB Niaga (JAK: BNGA
) and PT Bank Lippo (JAK: LPBN), two Indonesian banks indirectly controlled by Malaysia's sovereign wealth fund, have reported that the completion of their merger would be delayed after they failed to secure approvals on time.