Jakarta - PT Bank Victoria International Tbk (BVIC) issued a 2022 negotiable certificate of deposit (NCD) worth Rp220 billion.

The NCD consists of the NCD series A, which has a tenor of 9 years and matures on June 1, 2023, worth Rp60 billion with a discount rate of 6%, and the NCD series B, with a tenor of 12 years, matures on August 30, 2022, amounting to Rp160 billion with a discount rate of 6.50%.

"The funds from the NCD are intended to increase working capital in the context of business development, especially lending, and to improve the overall funding maturity profile and narrow the maturity of the GAP, "said Deputy President Director of BVIC Rusli in information disclosure on Tuesday (9/6).