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Last Update : Friday, April 18, 2014 - 7:00:01 PM

  PT Bank OCBC NISP Tbk and PT Bank OCBC Indonesia Announce a Merger Plan

Jakarta, 24 September 2010 – PT Bank OCBC NISP Tbk and PT Bank OCBC Indonesia published an announcement of a merger plan between the two companies. Bank OCBC NISP is a public company with 81.9% of its shares owned by OCBC Bank Singapore; and Bank OCBC Indonesia is a limited liability company with 99% of its shares owned by OCBC Bank Singapore and 1% owned by Bank OCBC NISP. As of the plan, the mergered bank of these 2 banks will use the name and logo of PT Bank OCBC NISP Tbk, while PT Bank OCBC Indonesia will be dissolved without any liquidation.
 




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Prime Lending Rate Bank OCBC NISP - Apr 1, 2014 
 

% per annum
  Prime Lending Rate
By Business Segment
Commercial
Loan
Retail
Loan (*)
Consumer Loan
Mortgage (**) Non Mortgage
Prime Lending Rate 11.10% 12.25% 12.75% 12.75%

*) Specifically for Bank OCBC NISP does not include Micro Loan
**) Specifically for Bank OCBC NISP represents floating rate

Notes :
a. Prime Lending Rate above has not factored in risk premium components, the rate of which is subject to bank assessment on risk arising from individual debtor. Therefore, the lending rate applied on a debtor may not be equivalent to the Prime Lending Rate.
b. For Consumer Loan - non Mortgage does not include provision of funds through credit cards and non-collateral loans (KTA).
c. Prime Lending Rates above take into effect on Apr 1, 2014 and up to such time that changes and further information are made available.