Bank Mandiri to issue Rp3 trillion in bonds

CENTRAL BANKS SHIFT AWAY FROM US DOLLAR

By: WilliamC.Urban

Central Banks Lead Subtle Shift Away From Dollar Tuesday, November 3, 2009 4:42 PM Article Font Size   NEW YORK -- Central banks with trillions of dollars in reserves that are already stepping up euro and yen purchases will likely continue doing so in

about 1 month ago

Bank Mandiri Obtains $105 Million Loan Facility from ADB

By: chnarendra

PT Bank Mandiri (Persero) Tbk. has signed a $105 million loan facility with the Asian Development Bank (ADB) to strengthen its financing structure. The borrowing consists of a direct loan of $75 million with a seven-year maturity from ADB and another $30 million loan from global financial institution, ING Bank N.V, which carries a maturity ...

26 days ago

Predictions Of Financial Giants Earlier This Year

By: mpalevsky

NEW YORK -- "As you might have realized by now, we're in a difficult situation," said billionaire investor and philanthropist George Soros to a sold-out crowd at the Metropolitan Museum of Art on April 30, 2009. Though Soros earned over $1 billion last year, eighteen months into a housing crisis and after over a year of decreasing GDP it's ...

about 1 month ago

Punjab National Bank Bank Is Going To Wrap in Indonesia

By: Achristelth

JAKARTA, KOMPAS.com - Rules of Bank Indonesia on banks a minimum capital of Rp 100 billion in 2010, putting the banks in Indonesia as a target of foreign investors. 's Known, in fulfilling the provisions of that, the owners of small banks tend to seek strategic investors to raise their capital adequacy ratio than a ...

about 1 month ago