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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

BNI Secures USD700 Million in Global AT1 Issuance

From Tempo · (9m ago) Indonesian Positive tone

Translated from Indonesian, summarized and contextualized by DistantNews.

TLDR

  • PT Bank Negara Indonesia (BNI) raised USD700 million through Additional Tier-1 (AT1) Perpetual Non-Cumulative Capital Securities.
  • The issuance received strong global investor demand, oversubscribing by 3.6 times, indicating confidence in BNI's financial strength and prospects.
  • This move strengthens BNI's capital structure and resilience amid global economic dynamics, supporting its role in national economic growth.

PT Bank Negara Indonesia (BNI) has once again demonstrated its robust standing in the global financial markets by successfully raising USD700 million through its latest Additional Tier-1 (AT1) Perpetual Non-Cumulative Capital Securities issuance on April 15, 2026. This significant financial maneuver underscores BNI's strategic commitment to fortifying its capital structure and enhancing its resilience in the face of evolving global economic conditions.

The issuance garnered an overwhelmingly positive response from international investors, evidenced by a demand that surpassed USD2.5 billion, achieving an oversubscription rate of 3.6 times. This strong investor appetite reflects a deep-seated confidence in BNI's consistent performance and its long-term outlook as a pivotal systemic bank within Indonesia.

Corporate Secretary of BNI, Okki Rushartomo, highlighted that this successful issuance marks the second of its kind for the bank, following a previous USD600 million AT1 instrument issuance in 2021. "As one of Indonesia's systemic banks, BNI is committed to ensuring its role as a driver of national economic growth is further solidified through a robust capital structure," he stated.

This strategic capital enhancement is integral to BNI's broader objective of bolstering its resilience against global economic fluctuations and reinforcing the foundation for sustainable business expansion. The AT1 instrument, characterized by its subordinated nature, perpetual term, and non-cumulative yield payments, was issued under Regulation S of the US Securities Act and listed on the Singapore Exchange (SGX), broadening BNI's access to international capital markets. The diversified investor base, spanning Asia Pacific, Europe, the Middle East, and offshore US, further attests to the growing appeal of BNI's financial instruments on the global stage.

Sebagai salah satu bank sistemik di Indonesia, BNI ingin memastikan bahwa perannya sebagai agen pertumbuhan ekonomi nasional dapat semakin kokoh melalui struktur permodalan yang kuat.

โ€” Okki RushartomoCorporate Secretary of BNI, explaining the strategic importance of the AT1 issuance for national economic growth.
DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.