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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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BI set to limit expansion of banks with small capital

  • Esther Samboh

    The Jakarta Post

Jakarta | Fri, May 25 2012 | 08:54 am

PREMIUM Banks with small capitalization may be limited in expanding their branches and services in Indonesia as Bank Indonesia (BI) plans to issue multiple licenses for banks operating in the country.

The multiple-license regulation will consider banks’ capitalization as a benchmark when issuing licenses, BI deputy governor Muliaman Hadad told a book launch panel discussion late on Wednesday.