Jakarta, Indonesia PT Aviva Insurance plans capital increase with the development of the company's business.
"In accordance with the development of business we need additional capital," said Albert Wanandi, Vice President Director of PT Asuransi Aviva Indonesia after the launch of products "Global Health" in collaboration with PT Bank DBS Indonesia in Jakarta, Monday (07-16-2012).
The addition of this capital funding will be derived from the share holder (owner) and not from loans and bonds. However, about how much capital will be added later, Albert can not ensure. "That certainly would add capital," he said.
While Aviva Insurance currently has equity of more than Rp100 billion. "Our capital is little more than the provisions required the Ministry of Finance,
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