IDR

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000

Retrieved on: 
Tuesday, June 18, 2024

Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) proudly announce its recognition as the largest company in Indonesia according to the prestigious Forbes Global 2000 for 2024.

Key Points: 
  • Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) proudly announce its recognition as the largest company in Indonesia according to the prestigious Forbes Global 2000 for 2024.
  • The Global 2000 ranks the world's largest companies based on four key metrics: sales, profits, assets and market value, each weighted equally.
  • According to Forbes International's official website, nine companies are from Indonesia, with BRI holding the top position.
  • "The annual Forbes Global 2000 list reflects the world's largest companies that are driving markets, along with growing industries and emerging trends," said Hank Tucker, Forbes writer.

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000

Retrieved on: 
Tuesday, June 18, 2024

Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) proudly announce its recognition as the largest company in Indonesia according to the prestigious Forbes Global 2000 for 2024.

Key Points: 
  • Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) proudly announce its recognition as the largest company in Indonesia according to the prestigious Forbes Global 2000 for 2024.
  • The Global 2000 ranks the world's largest companies based on four key metrics: sales, profits, assets and market value, each weighted equally.
  • According to Forbes International's official website, nine companies are from Indonesia, with BRI holding the top position.
  • "The annual Forbes Global 2000 list reflects the world's largest companies that are driving markets, along with growing industries and emerging trends," said Hank Tucker, Forbes writer.

EQS-News: Multitude Capital Oyj successfully places EUR 80 million in senior guaranteed unsecured bonds 

Retrieved on: 
Monday, June 17, 2024

Helsinki, 13 June 2024 – Multitude SE (“Multitude” or the “Group”) is pleased to announce the successful placement of an EUR 80 million senior unsecured bonds (NO0013259747) with maturity in July 2028 (the “Bonds”).

Key Points: 
  • Helsinki, 13 June 2024 – Multitude SE (“Multitude” or the “Group”) is pleased to announce the successful placement of an EUR 80 million senior unsecured bonds (NO0013259747) with maturity in July 2028 (the “Bonds”).
  • The Bonds will be issued by Multitude Capital Oyj, a wholly owned Finnish subsidiary of Multitude SE.
  • Multitude SE will act as guarantor of the new Bonds.
  • Fitch Ratings has previously assigned Multitude SE with a Long-Term Issuer Default Rating (IDR) at ‘B+’ with a Positive Outlook and the long-term rating of the outstanding senior unsecured bonds issued by Multitude SE at ‘B+’.

EQS-News: Fitch upgrades Eleving Group to 'B' with a stable outlook

Retrieved on: 
Monday, June 17, 2024

Fitch Ratings has upgraded Eleving Group's Long-Term Issuer Default Rating (IDR) from 'B-' to 'B' with a stable outlook.

Key Points: 
  • Fitch Ratings has upgraded Eleving Group's Long-Term Issuer Default Rating (IDR) from 'B-' to 'B' with a stable outlook.
  • Also, the Group's senior secured debt rating was upgraded to 'B' with a Recovery Rating 'RR4'.
  • Eleving Group has already established an international supervisory board and plans to publish a dividend policy within the coming weeks.
  • Eleving Group has been partnering with Fitch Ratings since 2019.

Prime Healthcare Services, Inc. Receives Double Upgrade of Credit and Outlook from Fitch Ratings

Retrieved on: 
Wednesday, May 15, 2024

Prime Healthcare today announces that Fitch Ratings has upgraded Prime Healthcare Services, Inc.’s (PHSI) senior secured notes to “B+” and upgraded the outlook to Stable.

Key Points: 
  • Prime Healthcare today announces that Fitch Ratings has upgraded Prime Healthcare Services, Inc.’s (PHSI) senior secured notes to “B+” and upgraded the outlook to Stable.
  • Fitch noted in their ratings action that the upgrade reflected the improved collateralization stemming from PHSI’s repurchase of 17 previously leased hospitals over the past two years.
  • In April 2024, Fitch Ratings upgraded Prime Healthcare Foundation's Issuer Rating and the Revenue Bond Credit rating to BBB+ while rating the Outlook as Stable for its 14 not-for-profit hospitals in six states.
  • The credit rating upgrade by Fitch was the second credit rating upgrade given by the rating agency to PHF in the last three years.

JCB and AEON Credit Service Indonesia Launch the AEON JCB Precious Card

Retrieved on: 
Friday, March 22, 2024

TOKYO & JAKARTA, Mar 22, 2024 - (JCN Newswire) - PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd. (JCB), and PT AEON Credit Service Indonesia have launched the AEON JCB Precious Card, targeting the premium segment and focusing on family needs.

Key Points: 
  • TOKYO & JAKARTA, Mar 22, 2024 - (JCN Newswire) - PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd. (JCB), and PT AEON Credit Service Indonesia have launched the AEON JCB Precious Card, targeting the premium segment and focusing on family needs.
  • Customers can easily apply for the AEON JCB Precious Card and approved applicants receive the card within one hour at the AEON Service Counter at all AEON Malls in Indonesia.
  • Takumi Takahashi, President Director, PT JCB International Indonesia, said, "JCB is proud to partner with AEON Credit Service Indonesia and launch the AEON JCB Precious Card, offering its cardmembers benefits for daily needs, shopping, dining, domestic and international travel.
  • We hope that the AEON JCB Precious cardmembers can enjoy the experience of a complete journey with the AEON JCB Precious Card."

New Studies Presented at the International Society for Health Economics and Outcomes Research Meeting (ISPOR 24) Show Growing Burden and Impact of Generalized Anxiety Disorder (GAD) in the US

Retrieved on: 
Thursday, May 9, 2024

Absenteeism, Presenteeism, and Overall work impairment were only applicable to those indicating they were currently working for pay.

Key Points: 
  • Absenteeism, Presenteeism, and Overall work impairment were only applicable to those indicating they were currently working for pay.
  • (Graphic: Business Wire)
    Three studies examined the impact of GAD on healthcare utilization and costs, workplace productivity, and healthcare quality of life (HC QOL).
  • “These studies clearly demonstrate that the burden of GAD on the US healthcare system, employers, and people living with GAD is enormous.
  • “We undertook these studies as part of our commitment to highlight the scale of the anxiety crisis and our mission to address this burden.

BRI Signals Strength: Launches Buyback Amidst Stock Price Corrections

Retrieved on: 
Monday, May 6, 2024

Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced the commencement of a share buyback process for BBRI shares.

Key Points: 
  • Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced the commencement of a share buyback process for BBRI shares.
  • This strategic move comes in response to significant adjustments in BBRI's share price following the release of the Q1 2024 Financial Report.
  • BRI's President Director, Sunarso, emphasized that the buyback is intended to signal the company's stronger position compared to market perceptions.
  • In terms of BRI's performance, amidst the dynamic global economic and geopolitical challenges, BRI has managed to achieve positive profit growth.

BRI Reports IDR 15.98 Trillion Profit, Eyes Global Trends, Prioritizes Domestic with MSMEs Empowerment

Retrieved on: 
Monday, April 29, 2024

Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced a robust profit of IDR 15.98 trillion for the first quarter of 2024, despite challenging global economic and geopolitical conditions.

Key Points: 
  • Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced a robust profit of IDR 15.98 trillion for the first quarter of 2024, despite challenging global economic and geopolitical conditions.
  • Sunarso emphasized, "BRI recognizes Indonesia's current economic resilience amidst global instability and remains dedicated to supporting government initiatives for domestic economic growth."
  • On the liabilities side, BRI accumulated Third-Party Funds (TPF) totaling IDR 1,416.21 trillion, marking a 12.80% increase year-on-year as of March 2024.
  • Sunarso noted, "BRImo processed 969 million financial transactions totaling IDR 1.251 trillion in three months, a 41.8% year-over-year increase."

Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings

Retrieved on: 
Wednesday, April 10, 2024

Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.

Key Points: 
  • Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.
  • The rating action follows the upgrade of Türkiye's Long-Term IDR to “B+/Positive” from “B/Stable” on March 8th, 2024.
  • The agency has also upgraded the Bank’s Long-Term Senior Unsecured Debt and Subordinated Debt ratings to “B” from “B-“ and to “B-“ from “CCC+”, respectively and the Shareholder Support rating to “b” from “b-“.
  • The Bank’s Viability Rating has also been placed on Rating Watch Positive (RWP) at “b”.