BII, Danareksa agree on mutual funds

The Jakarta Post ,  Jakarta   |  Sun, 10/07/2007 8:27 AM

PT Bank International Indonesia Tbk (BII) and PT Danareksa Investment Management (DIM) have signed a cooperation deal on the sale of mutual funds.

The cooperation agreement was signed by BII consumer banking director Sanjay Kapoor and DIM president director Priyo Santoso in Jakarta on Aug. 29.

Under the agreement, BII will act as a selling agent of mutual funds products released by Danareksa, which include Reksa Dana Seruni Pasar Uang, Reksa Dana Tetap Optima, Reksa Dana Danareksa Anggrek, Reksa Dana Mawar and Reksadana Danareksa Melati Premium Dollar.

BII said in a statement that the cooperation agreement was the implementation of its concept ""Invest in the Future"" as part of BII's Wealth Management commitment to provide improved financial services.

The concept is designed to provide customers with information on how investment products can meet their financial needs.

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