INDONESIA - REGULATIONS - BI to Strictly Select Foreign Investor in Controlling Local Bank Read more: Latest News | BI to Strictly Select Foreign Investor in Controlling Local Bank

www.theindonesiatoday.com -JAKARTA, Indonesia Today - Central bank, Bank Indonesia
(BI), will not only restrict the ownership in banks with certain good
corporate governance (GCG) standars, but also strictly select the
foreign investors in controlling the local bank, Bisnis.com reported.

Mulya Siregar, executive director for banking research and management
department at Bank Indonesia, told