Pefindo Again Gives idAAA Rating to Bank KB Bukopin
6/14/2022
PT Pemeringkat Efek Indonesia (Pefindo)
maintain idAAA rating for PT Bank KB Bukopin Tbk in
June 2022.
Based on the rating results, Bank KB Bukopin's corporate rating is idAAA or unchanged from its previous rating in June 2021.
Pefindo assigns an idAAA rating to its General Bond (“GO”) and idAA to SR Sub. Debt II/2015 with the prospect that Bank KB Bukopin's rating is stable.
For information, a stable prospect is defined as having a very strong ability to fulfill financial commitments
long term compared to other Indonesian obligors.
The rating for Bank KB Bukopin is valid for a period of 10
June 2022 to June 1, 2023.
An obligor rated idAAA is the highest rating given by Pefindo. The obligor's ability to meet its long-term financial commitments, relative to other Indonesian obligors, is superior.
Meanwhile, debt securities rated idAA have a slight difference with the highest rating given, and the obligor's ability to meet long-term financial commitments.
the debt effect, compared to other obligors, is very strong.
According to information from Pefindo, the rating received by the Company this year was driven by the very strong support from KB Koomin Bank, strong market position in the banking industry, and the level of capitalization.
strong.
“With the achievement of the idAAA rating from Pefindo for Bank KB Bukopin, it reflects the consistency and commitment of the Company, which as a whole has made efforts to improve performance in every sector.
year," explained KB Bukopin Finance Director Seng Hyup Shin in a press release received, Tuesday (14/6).
For information, Pefindo is a rating institution
reputable and trusted in Indonesia. Pefindo will update the rating letter every year by monitoring the rating periodically.
