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The OJK aims to increase the sharia finance industry’s market share to 20 percent.
After the merger is concluded, Bank Syariah Indonesia is expected to hold Rp 214.6 trillion (US$15.2...
The move will combine Bank Syariah Mandiri (BSM), BNI Syariah (BNIS) and publicly listed B...
Darmawan said Bank Mandiri would put expansion plans on hold amid uncertainty surrounding ...
BRI Syariah will be the surviving entity as its publicly listed status will simplify the merger.
The assets of the country’s sharia finance industry reached Rp 1.639 quadrillion (US$111.1 bil...
LinkAja, which has more than 40 million users and 500,000 merchants nationwide, is aiming to attract...
A consortium initiated by the son of a former Indonesian president hopes to get Bank Muamalat out of...