BANKING - BII and BI Reviews Two Merger Options for Islamic Business

JAKARA (IFT) - PT Bank Internasional Indonesia Tbk (BNII) and Bank Indonesia are reviewing two options on the merger plan of BII’s Islamic business unit and PT Maybank Syariah Indonesia this year.  This will result in an Islamic bank with the assets of 80 trillion rupiah.BII may acquire Maybank Syariah Indonesia or Maybank Syariah Indonesia could acquire BII’s Islamic business unit.(full story)
Source : http://en.indonesiafinancetoday.com/read/3888/BII-and-BI-Reviews-Two-Merger-Options-for-Islamic-Business- April 4, 2011