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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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OJK open to talks with Japanese lenders

  • Winny Tang

    The Jakarta Post

Jakarta | Thu, January 4 2018 | 01:30 am

PREMIUM The Financial Services Authority (OJK) has said it is open to discussing plans by major Japanese lenders Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group (SMFG) to acquire stakes in Indonesian banks.

The OJK, however, has yet to approve the plans as the Japanese banks have not officially informed the financial regulator about them.

“They were still just pla...