Antam building nickel smelter Halmahera Timur.project financing Project financing
A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. with a bank consortium grouping major local and foreign lenders such as Bank Mandiri Bank Mandiri (JSX : BMRI) is the largest bank in Indonesia in term of assets, loans and deposits. Total assets as of Q3 2006 were IDR 253.7 trillion (or USD 25.7 billion). It also has Capital Adequacy Ratio (CAR) of 23% (including market risk), Return on Asset (RoA) of 0. , Bank Rakyat Indonesia Bank Rakyat Indonesia or PT. Bank Rakyat Indonesia (Persero) (BRI), (tr. People's Bank of Indonesia), is one of the larger banks in Indonesia. It specialises in small scale and microfinance style borrowing from and lending to its approximately 30 million retail clients through its , Goldman Sachs and Deutsche Bank. The consortium has agreed to provide up to US$ 1 billion, he said. The project is included in the Master Plan for Acceleration and Expansion of Indonesian Economic Development. (MP3EI).
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|Title Annotation:||CORPORATE NEWS IN BRIEF|
|Publication:||Indonesian Commercial Newsletter|
|Date:||Dec 1, 2011|
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