PT Bank Bisnis Internasional Tbk (BBSI) plans to increase its capital with Pre-emptive Rights II in the amount of a maximum of 434.78 million shares or 14.37% of the company's paid-in capital.

In IDX's information disclosure on Wednesday (21/7), the company will hold the rights issue in the second semester of this year.

The company carries out a rights issue to comply with the provisions of POJK 12/2020 concerning Core Capital and minimum CEMA, where the company intends to fulfill the 2021 core capital of  Rp2 trillion.

In addition, rights issues can also strengthen the company's capital structure and as additional working capital to support business activities as a non-foreign exchange private commercial bank, especially in providing credit to customers, which will be realized in stages.

After implementing the rights issue, the shareholders of the company who do not exercise their rights to pre-emptive securities, the percent