Indonesia's IIF secures Rp655bn funding while banks expand wealth services and Pos Indonesia delays sukuk

PT Indonesia Infrastructure Finance (IIF) raised Rp655.5 billion through a Rp435.5 billion bond issuance and a Rp220 billion perpetual security. The proceeds will finance sustainable infrastructure projects in connectivity, digital infrastructure and health, and the firm cited recent international awards for its impact.

PT Bank Ina Perdana (BINA) announced a partnership with Setiabudi Investment Management to distribute mutual‑fund products, bolstering its wealth‑management offering. The move follows higher fee‑related income, with Q1 2026 provision and commission revenue rising to Rp4.04 billion and net profit increasing to Rp52.98 billion.

Data from the Indonesian Securities Rating Agency (Pefindo) show the banking sector holds Rp117.4 trillion in corporate bonds, second only to mutual‑fund investors. Major banks such as BCA, Bank Mandiri, BNI and CIMB Niaga have expanded their securities portfolios markedly over the past year.

PT Pos Indonesia (Persero) missed the July 7, 2026 deadline to pay Rp24.12 billion to the Central Securities Depository (KSEI) for a 2024 sustainable sukuk issue, citing a cash‑flow shortfall amid an ongoing investigation into alleged financial‑statement manipulation. The payment has been postponed pending approval from KSEI.