24 May 2000 11:19
BII obtains $50 mln loan from StanChart
JAKARTA, May 24 (Reuters) - PT Bank Internasional Indonesia (BII) said on Wednesday it had
signed an agreement for a $50 million revolving loan facility from Standard Chartered Bank
.
"The loan facility extended to BII amounted to $50 million with an interest of LIBOR plus an agreed
loan margin," BII said in a statement.
"This is a significant reflection of the confidence generated by BII from an international bank."
Shares of BII on the Jakarta stock exchange closed steady at 100 rupiah on Wednesday.
((Moris Morissan, Jakarta newsroom +62 21 384-6364; Fax +6221 344-8404,
jakarta.newsroom@reuters.com))
BII obtains $50 mln loan from StanChart
JAKARTA, May 24 (Reuters) - PT Bank Internasional Indonesia (BII) said on Wednesday it had
signed an agreement for a $50 million revolving loan facility from Standard Chartered Bank
"The loan facility extended to BII amounted to $50 million with an interest of LIBOR plus an agreed
loan margin," BII said in a statement.
"This is a significant reflection of the confidence generated by BII from an international bank."
Shares of BII on the Jakarta stock exchange closed steady at 100 rupiah on Wednesday.
((Moris Morissan, Jakarta newsroom +62 21 384-6364; Fax +6221 344-8404,
jakarta.newsroom@reuters.com))
