Showing posts with label al jaouri. Show all posts
Showing posts with label al jaouri. Show all posts

Monday, July 04, 2011

INDONESIA - BANKING - QIB quits Bank Muamalat bid, StanChart left-sources


* StanChart only bidder left in race - sources

* PT Bank, Bank Mandri, OCBC also backed out from deal



By Janeman Latul and Dinesh Nair

JAKARTA/DUBAI, July 4 (Reuters) - Qatar Islamic Bank has pulled out of the bidding for a majority stake in Indonesian Islamic lender PT Bank Muamalat, banking sources said, leaving Standard Chartered Plc as the sole remaining bidder.(source)