INDONESIA - BANKING - Bank Mandiri’s Shariah Unit Plans IPO

www.thejakartaglobe.com - Bank Mandiri, the country’s largest lender by assets, is considering an
initial public offering next year for its Islamic unit, Bank Syariah
Mandiri, a top executive has said. Sunarso, a commercial
director of Bank Mandiri, said on Thursday that the preparations for the
offering were under way and the IPO was likely for next year. “The preparations for the share sale