INDONESIA - BANKING - ISLAMIC BUKOPIN: immediately replace chairman

www.bisnis.com - JAKARTA: PT Bank Syariah Bukopin, a subsidiary of PT Bank Bukopin Tbk, will hold a General Meeting of Shareholders at the Extraordinary next week to replace the Commissioner.

Riyanto, Managing Director of Bank Syariah Bukopin, said Extraordinary General Meeting was held by a particular company raised Commissioner Major (commute) the new, to replace Sudarmin Sjamsoe who has been appointed a director of the BRI Agroniaga Tbk PT.

"LB AGM will be held on May 29 [Tuesday], next week. But I do not know who would be appointed by shareholders to replace the pack Sudarmin," he said Thursday, May 24, 2012. (source)

BANKING - BRI may merge banks if acquisition succeeds (Agroniaga - Bukopin)

JAKARTA: The largest bank by lending, state-owned BRI may merge its newly-acquired subsidiaries, Bank Agroniaga, and Bank Bukopin, if the planned acquisition of a majority stake in Bukopin has succeeded, president director Sofyan Basir said Thursday.

He explained the action would be necessary to comply with the BI regulation on single presence.