ID :
27891
Sat, 11/01/2008 - 07:35
Auther :
Shortlink :
http://m.oananews.org//node/27891
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BSM TO PAY RP200 BILLION IN SYARIAH-BASED BONDS
Jakarta, Oct 31 (ANTARA) - PT Bank Syariah Mandiri (BSM) will pay off Rp200 billion in the 2003 Mudharabah I Syariah-based bond principles and their dividends which were due on Friday, October 31, 2008.
BSM President Director Yuslam Fauzi said in a press statement here on Friday that the Indonesian Stocks Central Custodian (KSEI) would act as agent for the payment of the BSM's 2003 Mudharabah I bond principles and their dividends.
He said that besides issuing the BSM I bonds which matured on October 31, 2008, BSM also issued its 2007 Syariah Mudharabah-based Subordinated Notes worth Rp200 billion.
According to Yuslam, up to September 2008, BSM's asset and third party funds kept in the bank as well as BSM funding had experienced significant growth.
BSM's assets at the end of 2007 were recorded at Rp12.885 trillion, increasing Rp3.654 trillion to Rp16.539 trillion at the end of September 2008.
Its third party funds (DPK) stood at Rp11.106 trillion at the end of 2007, increasing Rp2.784 trillion to Rp13.890 trillion in the quarter of 2008.
In the meantime, the amount of funds Bank Syariah Mandiri had channeled up to the end of 2007 accounted for Rp10.326 trillion, increasing Rp3.440 trillion to Rp13.766 trillion in September 2008, he said.
Yuslam Fauzi said that on December 15, 2007, rating company PT Fitch Ratings Indonesia gave BSM an "A+(idn)" rating from its previous rating "A(idn)". It also raised the rating "A-(idn)" of its Sariah-I subordination bonds to "A(idn".
BSM President Director Yuslam Fauzi said in a press statement here on Friday that the Indonesian Stocks Central Custodian (KSEI) would act as agent for the payment of the BSM's 2003 Mudharabah I bond principles and their dividends.
He said that besides issuing the BSM I bonds which matured on October 31, 2008, BSM also issued its 2007 Syariah Mudharabah-based Subordinated Notes worth Rp200 billion.
According to Yuslam, up to September 2008, BSM's asset and third party funds kept in the bank as well as BSM funding had experienced significant growth.
BSM's assets at the end of 2007 were recorded at Rp12.885 trillion, increasing Rp3.654 trillion to Rp16.539 trillion at the end of September 2008.
Its third party funds (DPK) stood at Rp11.106 trillion at the end of 2007, increasing Rp2.784 trillion to Rp13.890 trillion in the quarter of 2008.
In the meantime, the amount of funds Bank Syariah Mandiri had channeled up to the end of 2007 accounted for Rp10.326 trillion, increasing Rp3.440 trillion to Rp13.766 trillion in September 2008, he said.
Yuslam Fauzi said that on December 15, 2007, rating company PT Fitch Ratings Indonesia gave BSM an "A+(idn)" rating from its previous rating "A(idn)". It also raised the rating "A-(idn)" of its Sariah-I subordination bonds to "A(idn".
