Bank Tabungan Negara (Persero) Tbk PT (BBTN.JK)
Rp. 40.00 (+3.70%)
|Market Cap (Mil.):||Rp. 11,194,120.00|
|Shares Outstanding (Mil.):||10,461.80|
(The following statement was released by the rating agency) JAKARTA, September 01 (Fitch) Fitch has upgraded the National rating of PT Sarana Multigriya Finansial (Persero)'s (SMF) to 'AA+(idn)' from 'AA(idn)'. The Outlook on the Long-Term rating is Stable. The National Short-Term rating is affirmed at F1+(idn). SMF's National rating was upgraded as a result of the re-assessment of the Indonesia-based company's link with the government under Fitch's Rating of a Public Sector Entity methodo
PT Bank Mandiri Tbk, Indonesia's largest bank by assets, plans to acquire another mid-sized bank after it failed to buy PT Bank Tabungan Negara, CEO Budi Gunadi Sadikin said.
For the full text of this story please click the following link:
JAKARTA, June 12 - Indonesia's government has dropped a plan for PT Bank Mandiri to buy PT Bank Tabungan Negara (BTN), the chief economic minister said on Thursday.
JAKARTA, May 21 - Indonesia's Bank Tabungan Negara expects its net profit to rise by 28 percent this year on higher fee-based income and cheap loans, its president director said on Wednesday.
JAKARTA, April 17 - Indonesian state-owned lender PT Bank Mandiri will buy PT Bank Tabungan Negara (BTN) to ensure the smaller state-owned peer keeps up with demand for mortgages, a government minister said on Thursday.