Jumat, 01 Juni 2012

INDONESIA - REGULATIONS - Indonesia Bank Ownership Plans Seen Hitting DBS Buy

www.thejakartaglobe.com -Indonesia’s central bank on Thursday
proposed capping single ownership in the country’s banks at 40 percent
for new investment, a rule that would scupper a $7.3 billion bid by
Singapore’s DBS Group Holdings for Bank Danamon.

Halim Alamsyah,
the central bank deputy governor responsible for banking supervision,
told analysts on a conference call that its proposal is

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