Panin Bank uses IDR 493.51 billion bond proceeds for working capital loans to third parties
Reuters2026/08/27 04:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- PT Bank Pan Indonesia disclosed full use of net proceeds from its June 18, 2026 bond issuance, leaving no remaining funds.
- Obligasi Berkelanjutan V Bank Panin Tahap I Tahun 2026: gross IDR 500 billion, costs IDR 6.5 billion, net IDR 493.51 billion.
- Net proceeds allocated 100% to working capital, focused on lending to third parties.
- Obligasi Subordinasi Berkelanjutan V Bank Panin Tahap I Tahun 2026: gross IDR 50 billion, costs IDR 815 million, net IDR 49.19 billion.
- Subordinated bond proceeds used 100% for working capital, including Tier 2 capital to support credit expansion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Bank Pan Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32132659) on August 27, 2026, and is solely responsible for the information contained therein.
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