Bank KB Bukopin (BBKP), controlled by South Korean’s Kookmin Bank, has raised Rp11.99 trillion fund from the rights issue or offering new shares, in 2023, used to expanding its loan or credit. Bank Mayapada, controlled by Dato’ Tahir, meanwhile, plans to issue new shares worth Rp4.01 trillion this month. Bukopin and Mayapada were among midsize banks struggling with capital structure to stay afloat in the increasingly competitive industry.To subscribe please click here
