Friday, August 19, 2011

INDONESIA - BANKING - IDB Sells 12% Shares in Muamalat

JAKARTA (IFT) - The Islamic Development Bank (IDB) will sell 12 percent stake in PT Bank Muamalat because internal regulations prohibit it from investing more than 20 percent in another bank. (source)

Source :  http://en.indonesiafinancetoday.com/read/9645/IDB-Sells-12-Shares-in-Muamalat - Aug 19, 2011

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