AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Indonesia to cap foreign ownership in banks?
Byline: Adeline Paul Raj
KUALA LUMPUR: Malayan Banking Bhd's (Maybank) chief has expressed concern at the prospect of Indonesia potentially capping foreign ownership in banks to less than 50 per cent.
The move to limit foreign shareholding, which is currently being studied, could be implemented in the final quarter of this year, according to news reports in the last few weeks, which cited officials from the Indonesian central bank.
Top lender Maybank has a 97 per cent stake in Indonesia's eighth largest bank by assets, Bank Internasional Indonesia (BII).
"I was in Jakarta last week, and there were some comments made about that possibility. We're …
-
- MAYBANK OPERATIONS IN INDONESIA NOT AFFECTED BY DEMONSTRATIONS, SAYS ABDUL...
-
News wire article from: BERNAMA The Malaysian National News Agency
September 3, 2010
700+ words
-
- Maybank Staff to Host Farewell Party for Abdul Wahid
-
Magazine article from: Business Times (Malaysia)
June 3, 2013
700+ words
-
- ABM APPOINTS ABDUL WAHID OMAR AS NEW CHAIRMAN.
-
News wire article from: BERNAMA The Malaysian National News Agency
May 28, 2009
700+ words
-
- Maybank reports higher profits.(Financial report)
-
Magazine article from: BusinessWorld (Philippines)
February 28, 2012
700+ words
-
- MAYBANK AIMS FOR DUAL LISTING IN INDONESIA, EXPAND REGIONAL OPERATIONS.
-
News wire article from: BERNAMA The Malaysian National News Agency
May 14, 2010
700+ words
