INDONESIA - BANKING - Bank Danamon shariah unit to inject capital

www.kontan.co.id - JAKARTA. Bank Danamon Indonesia will increase its capital to Danamon Syariah worth Rp 344 billion, so that at the end of 2012 the total capital increased to Rp 500 billion. This cash infusion to maintain a capital adequacy ratio or capital adequacy ratio (CAR) at position 12%.Danamon Syariah this year targeting business growth of 30%. If no additional capital, the CAR at 12% level by the end of June 2012, could be eroded again. "Therefore, the holding company is committed to increase its capital to $ 344 billion. Was to maintain the CAR at this time," said Herry Hykmanto, Director of Danamon Syariah, a few days ago.  (source)

INDONESIA - BANKING - Mandiri Injects More Capital into BSM in September Indonesia Breaking News theindonesiatoday.com

Bank Mandiri would still inject unit PT Bank Syariah Mandiri by September 2011 to support its fast growing business.

Pahala N Mansyuri, CFO of Bank Mandiri, told Detik.com Sunday (July 24), that the capital injection has been planned since early this year as part of the state bank's business plan. Mandiri plans to inject about Rp210 billion into BSM. (source)