Saturday, October 01, 2011

INDONESIA - BANKING - BNI Delays Divestment of Three Subsidiaries

JAKARTA (IFT) – PT BNI Tbk (BBNI), the fourth largest bank in Indonesia in terms of assets, has yet to continue the divestment process of its three subsidiaries because of lack of investor with a high offer price. The bank currently has four subsidiaries, PT Bank BNI Syariah, PT BNI Securities, PT BNI Life Insurance and PT BNI Multifinance. (source)

Source : http://en.indonesiafinancetoday.com/read/11426/BNI-Delays-Divestment-of-Three-Subsidiaries  - Sept 30, 2011

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