BNI Increase BNI Capital Life

PT Bank Negara Indonesia Tbk (BNI) capital increase children's business is moving in the insurance sector PT BNI Life Insurance. BNI is now controlled 85.11% shares in BNI Life, which increased from the original 69.11%. 

BNI inject funds of Rp 99,999 billion, equivalent to 53,207,500 units of shares. Such statements from the representatives of Division II leaders Communications Company and Kesekretariatan BNI, RPH Noegroho in the openness of information to the Indonesian Stock Exchange, as quoted detikFinance, Saturday (27/12/2008). 

Addition of capital with consideration to maintain the level of solvency company RBC (Risk-Based Capital) at least 120%. 

This is to meet government regulations No. 39 in 2008 on top of changes in both government regulations No. 73 of 1992 on Providing business companiesare (Article 6b), which sounds an insurance company must have capital of at least Rp 100 billion at the latest 31 December 2010. 

Addition of capital is also to the development of business outlets such as the development of banncassurance became 500 outlets, opening sales offices in 10 major cities, the development of sharia, the development of IT terintegerasi, office buildings and expansion of the center. 

In addition to BNI shareholders BNI Life is YDD Swadharma 8.46%, YKP BNI 5.94% and 0.49% YKK Jiwasraya. Currently, the total capital BNI Life of Rp 102,736 billion, equal to 102,736,000 units of shares.