Showing posts with label intan baruprana finance. Show all posts
Showing posts with label intan baruprana finance. Show all posts

Sunday, September 25, 2011

INDONESIA - FINANCE - Intraco Subsidiary Bags Rp75 Billion Loan from BNI Syariah

Theindonesiatoday.com – PT Intraco Penta Tbk (INTA)’s subsidiary, PT Intan Baruprana Finance (IBF), has secured Rp75 billion facility from Bank BNI Syariah, part of PT Bank Negara Indonesia Tbk (BBNI), to fund expansion of heavy machine financing.

IBF’s President Director Fred L Manibog stated the facility can be used to fund mining supporting machines such as electricity generators, trucks, tug boats, and barges, as well as transportation and other equipments. (source)