Centered on Lender Raya President Kaspar Situmorang , the newest neobank is designed to increase the full small mortgage disbursement through BRILink agents in order to Rp7

The newest neobank made the Pinang Paylater technical accessible to BRILink agencies, a national community from MSME citizens whom act as this new unofficial bankers of the towns. Agencies now have quicker accessibility significantly more financial support and will offer individuals fees symptoms in order to consumers.

Bank Raya is the recently transformed neobank less than Lender BRI, the biggest microfinance place in the world and you can Indonesia’s largest MSME lender by property. The newest neobank is found on an objective so you can unlock the commercial energy of Indonesia’s concert and you can service discount. An essential component of the objective try empowering the representative banking industry with increased financial support to have money so you’re able to solopreneurs and MSMEs. BRILink is the representative financial [...]

Consider Apple’s (AAPL) 2014 10-K filing. The largest line items in the cash flow from the financing section are dividends paid, repurchase of common stock, and proceeds from the issuance of debt. Dividends paid and repurchase of common stock are uses of cash, and proceeds from the issuance of debt are a source of cash.

As a mature company, Apple decided that shareholder value was maximized if cash on hand was returned to shareholders rather than used to retire debt or fund growth initiatives.