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Moody's converts Indonesia ratings
Moody's Investors Service said it assigned national scale ratings to 10 financial institutions in Indonesia, fully converting the ratings assigned by PT Kasnic Credit Rating Indonesia, its predecessor company in the country, to its new national scale rating system for Indonesia.
The ratings converted include:
PT Bank Pembangunan Daerah Nusa Tenggara Barat's obligasi bank NTB I 2005 series A of Rp 60 billion, obligasi bank NTB I 2005 series B of Rp 140 billion rated Aa3.id with stable outlook.
PT Bank Victoria International, Tbk's obligasi bank Victoria II 2007 of Rp 200 billion rated A1.id with stable outlook, obligasi subordinasi bank Victoria I 2007 of Rp 200 billion rated A3.id with stable outlook.
PT Bank Mayapada International, Tbk's obligasi bank Mayapada II 2007 series A of Rp 50 billion, obligasi bank Mayapada II 2007 series B of Rp 300 billion rated A2.id with stable outlook, obligasi subordinasi bank Mayapada I 2005 of Rp45.5 billion, obligasi subordinasi bank Mayapada II 2007 of Rp150 billion rated Baa1.id with stable outlook.
PT Clipan Finance Indonesia, Tbk's obligasi Clipan Finance I 2003 of Rp 150 billion, obligasi Clipan Finance II 2004 series C of Rp 75 billion rated A2.id with stable outlook.
PT Indomobil Finance Indonesia's obligasi Indomobil Finance Indonesia I 2004 series C of Rp 175 billion rated A3.id with stable outlook.
PT Indojasa Pratama Finance's obligasi amortisasi Indojasa Pratama 2003 of Rp 24 billion rated Baa2.id with stable outlook.
PT Bhakti Finance's obligasi Bhakti Finance I 2004 series B of Rp 88 billion rated Baa2.id with stable outlook.
PT Beta Inti Multifinance's obligasi amortisasi Beta Inti Multifinance I 2004 of Rp 52 billion rated Baa3.id with stable outlook.
PT Panin Sekuritas, Tbk.'s obligasi Panin Sekuritas I 2003 of Rp 100 billion, obligasi Panin Sekuritas III 2007 of Rp 200 billion rated A1.id with stable outlook.
PT Asuransi Bangun Askrida's insurance financial strength rating rated Baa2.id with stable outlook.
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