Temasek/Deutsche consortium wins bid for Bank Danamon
(Indonesia) – A consortium led by the investment arm of the Singapore Government – Temasek – has been named preferred bidder for a controlling stake in Indonesia’s fifth […]
(Indonesia) – A consortium led by the investment arm of the Singapore Government – Temasek – has been named preferred bidder for a controlling stake in Indonesia’s fifth […]
Asia-Pacific Quarterly Banking Survey of Top 900 Firms (Asia) – Banks in Southeast Asia have a more upbeat outlook for capital expenditure, corporate profitability and pricing power than […]
(Indonesia) – The Indonesian Government says it plans to sell only 15 percent of its stake in the country’s top ranked Bank Mandiri, revising the figure down from […]
(Indonesia) – Indonesia’s largest bank, Bank Mandiri, has posted a 30.6 percent rise in net profit to 3.59 trillion rupiah (US$403 million) on the back of stronger non-interest […]
(Indonesia) – A major European bank, codenamed only as “Osborne”, is among a group of bidders for a majority stake in state owned Indonesian lender Bank Danamon.The Indonesian […]
(Asia) – Standard Chartered has held its ranking as Asia’s best rated transaction banker to the region’s top corporates even though rival HSBC holds the biggest market share […]
(Indonesia) – Stock market regulator Bapepam has launched an enquiry into allegations that the country’s seventh largest bank – Bank Lippo – deliberately lowered its share price to […]
(Indonesia) – Publicly listed PT Bank Internasional Indonesia has written off US$135 million in non-performing loans.The bank, which is now owned by the Indonesian Bank Restructuring Agency (IBRA), […]
(Australia-Indonesia) – Australian-based financial services group, AXA Asia Pacific, has announced a “bancassurance” joint venture with Indonesia’s PT Bank Mandiri.AXA chief Les Owen said the partnership would see […]
(Indonesia) – The Indonesian Bank Restructuring Agency (IBRA) says it hopes to start selling 20 percent of its stake in PT Bank Danamon Indonesia on the share market […]