Fitch Rating increasing our banking rating
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • February 23rd, 2008
Fitch Rating increasing level of Long Term Foreign Currency (LTFC) Issuer Default Rating (IDR) from 11 banks in Indonesia from”BB-“ (BB minus) become to “BB”.
This increase also for Long Term Local Currency (LTLC) IDR from PT Bank Mandiri (Persero) Tbk, PT Bank Negara (Persero) Tbk, PT Bank NISP Tbk, and PT Bank UOB Buana Tbk from “BB- (BB minus) become to “BB”.
Fitch Rating also increasing the support rating from banks who owned by government with systematic risky, including PT Bank Mandiri (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, and PT Bank Danamon Tbk become to “3” from “4”. For support rating floor from “B+” and “B” increase become to “BB-“ (BB minus).
This rating see that financial ability of our government much better to giving the support and has reflection the good condition for our banking quality especially for credit sector in the future (www.danareksa.com).
Topic: Business, Finance, News
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