JAKARTA - In the midst of the plan to buy back BBRI shares worth Rp. 3 trillion, PT Bank Rakyat Indonesia (Persero) Tbk still pays attention to the sustainability of its subsidiary.
The micro-credit specialist bank increased PT BRI Ventura Investama's capital. The value is around Rp. 145 billion.
This action was stated in a letter signed by the Vice President of BRI's Corporate Secretary Division, Dinne Shovia Tresna Amalia, to the Indonesia Stock Exchange (IDX), Wednesday, February 16.
"The transaction was made on February 14, 2022," Dinne wrote.
The letter explained, prior to the addition of capital, the total issued and fully paid capital of BRI Ventura was Rp. 1.52 trillion. Meanwhile, after the addition of this capital to Rp1.66 trillion.
Meanwhile, BRI's share ownership in BRI Ventura remains at 99.97 percent.
With this action, Dinne said, there will be no impact on operational activities, legal and financial conditions as well as the sustainability of BRI.
In fact, BRI will provide support both in terms of capital, distribution cooperation, and BRI Venture business development. "BRI has also implemented integrated governance at BRI Ventura," concluded Dinne.
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