The shareholders of PT Bank MNC Internasional Tbk (BABP) approved the plan to increase capital without pre-emptive rights (private placement) and plan to increase capital with a rights issue in the EGMS held on Wednesday (9/6).

"Non Preemptive Rights and Rights are prioritized for strategic investors or credible financial investors who can provide added value in the development of MotionBanking digital banking services," said President Director of MNC Bank, Mahdan, through a press release quoted Thursday (10/6).

He explained that the funds obtained from the two corporate actions would strengthen MNC Bank's capital structure, expand MNC Bank's loan capacity and digital customer acquisition to support business growth, and support the development of MotionBanking's most integrated digital banking application.

"This includes the development of AI-based Credit Scoring and the integration of MotionPay as well as virtual credit cards