The Government Wait about BNI Acquisition of Bahana

Indobusiness - The government is still awaiting the results of studies of PT Bank Negara Indonesia Tbk (BBNI) about his plans to acquire PT Bahana Business Development Indonesia (BPUI). This is related to the options of the BNI to acquire BPUI.

Financial Services and Deputy Billy Trihargo the minister said it had received a letter on the proposed acquisition of BNI study BPUI. And the government wants the review has accelerated, especially options to acquire BPUI. "We are also still waiting for the Board of Commissioners about the BNI acquisition options BPUI this. BNI is so or not take BPUI. Planned this afternoon I will meet with the Board of Commissioners of BNI," Billy said when met at the office of PLN Jakarta, Tuesday (19 / 3/2013).

Billy explained, it has given a letter to the BNI since 30 November 2012 ago. The contents of the letter is reviewing options BPUI acquisition. For your information, BNI was planning to buy BPUI (holding Bahana Securities) as well as debts. Other options, just buy Bahana Securities and its debts. Currently, debt BPUI form of investment fund account (RDI) of Rp 1.2 trillion the government has written off by the Ministry of Finance. "It just needs to wait for Government Regulation (PP) alone. So BNI is no need to buy BPUI or Bahana Securities with existing debt," he added.

With these conditions, the valuation of shares and Bahana Securities BPUI will rise. Therefore, the government has taken away the debt in the form of RDI. Now, the government will await the results of studies of the BNI about options BPUI buy this, do you still want to use bond funds recap, buy BPUI, buy Bahana Securities only to plan merging BNI Securities and Bahana Securities. Includes about the plan to sell its stake in BPUI the country.

Found in the same place, Director of BNI Gatot Suwondo still reluctant to explain the results of studies done over the years. But until now, it insists to buy government bonds BPUI with funds had set it in government. "We are still reviewing the plan options to acquire BNI," said Billy Suwondo.

BNI BPUI expect the acquisition can be done this year. Desire to be able to acquire BNI BPUI because the company wanted to promote capital markets in the future. Hopes to make a profit because the stock market is indeed sufficient to provide a significant advantage.

Just for the record, has a program BPUI internal quantum leap since 2009 to boost performance through breakthrough products, services and market expansion BPUI subsidiaries. Namely, Bahana Securities, Bahana Artha Ventura, Bahana TCW Investment Management, and Graha Niaga Tatautama.

BPUI business unit with BNI can complement each other. For example, Bahana Artha Ventura who dwell in the micro segment will complement BNI credit penetration. Bahana Securities strong investment banking segment will complement the strong BNI Securities in the retail segment.