Bank MNC Internasional (BABP) is set to launch the private placement, offering 1.97 billion new shares to certain buyers, on Jan. 31, 2022, priced at Rp165 per unit, to raise total proceeds of Rp324.88 billion. BABP needs fresh funds for boosting its core capital to the minimum Rp3 trillion set by banking rules. As of December 2021, BABP’s core capital reached Rp2,03 trillion.To subscribe please click here