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Jakarta Post
The Jakarta Post
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Insight : BI must reorganize bank ownership

  • Lin Che Wei

Jakarta | Wed, June 6 2012 | 07:46 am

PREMIUM The acquisition plan of Bank Danamon by DBS bank of Singapore has changed the dynamic of the Indonesian banking sector. The authorities, including Bank Indonesia and the Finance Ministry, are reacting by revising bank ownership rules.

Calls for more nationalistic rulings on bank ownership have been heard for quite some time from House of Representative members. These could be seen during t...