Theindonesiatoday.com - Board of governors of Bank Indonesia has
returned the draft of policy that limits ownership of a bank to below
50% to the technical team for further review.
Bisnis Indonesia quoted Difi A Johansyah, head of PR division of Bank
Indonesia, saying the draft has been reviewed by the board of
governors. (source)
"But it has been returned to technical team level. It's normal,
because there are some issues that need to be discussed and
synchronized," Difi said.
He admitted that some foreign investors have raised concern about the
planned policy. He also declined to confirm whether the policy will be
implemented this year. "There are some new regulations to be issued,"
Difi diplomatically said.
Bank Indonesia has reportedly informed a cabinet meeting chaired by President SBY in August about the proposed policy. The central bank claimed of positive response from President SBY.
The business paper said there are some options about upper limit of
one investor's ownership in a bank. They are 30%, 40%, and just below
50%. (Theindonesiatoday.com)
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