Indonesia's state-controlled lender BRI raises $6.73b in rights issue

Indonesia's state-controlled lender BRI raises $6.73b in rights issue

Photo by Bank Rakyat Indonesia

State-controlled lender PT Bank Rakyat Indonesia (BRI) raised 96 trillion rupiah ($6.73 billion) from a rights issue this month, the biggest transaction of this type in Southeast Asia, according to the Indonesia Stock Exchange chief Inarno Djajadi.

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