PT Telekomunasi Indonesia (TLKM) plans to refinance its bank loan by the end of this year. Per March, its short term bank loan reached Rp914 billion—provided by Bank Negara Indonesia (BNI), UOB, Bank CIMB Niaga, Bank DBS Indonesia, Bank Danamon (BDMN). TLKM stopped issuing bonds in 2015 after raising Rp7 trillion from its bond program. The Company targets a double digit growth in profit for this year, surpassing the expected industry’s growth of 8-9%.To subscribe please click here