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Company News
Bank Mayapada to Issue Bond Valued at Rp 250 billion to Finance Credit Expansion
www.findarticles.com (the Indonesian Commercial Newsletter) (0-December-2004)
PT Bank Mayapada Internasional planned to issue bond valued at Rp 100 billion to be listed on the Surabaya Stock Exchange in 2005. The two-year bond would carry a fixed coupon rate of 10.5 percent to 11.5 percent. The bond fund will be used to finance credit expansion. At the same time the publicly listed bank would issue subordinated bond valued at Rp 150 billion bringing the total amount of bonds to be issued in 2005 to Rp 250 billion. The subordinated bond will be for 10 years with a yield of 13 percent to 14.5 percent in the first 5 years and 23 percent to 24.5 percent in the remaining years.
Four Banks Still Safe from Liquidation
www.tempointeraktif.com (11-July-2001)
Four banks (Bank Central Asia, Bank Mayapda, Bank Arta Niaga Kencana and Bank Nusantara Parahiyangan) implicitly stated that they are safe from liquidation possibility until the end of 2001. The four banks were proven to have a capital adequacy ratio that is above the regulated 8 percent. In their press release, BCA stated that its CAR was 34.71 percent, Bank Mayapda 13.65 percent, Bank Arta Niaga Kencana 38.71 percent, while Bank Nusantara Parahiyangan’s CAR was 32.46 percent.

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Bank Mayapada Internasional Tbk., PT
Latest Updates 19-February-2026
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