Showing posts with label bank east java. Show all posts
Showing posts with label bank east java. Show all posts

Thursday, March 22, 2012

INDONESIA - BANKING - Ready for IPO, Bank of East Java Capital Unit Will Add Shariah

REPUBLIKA.CO.ID, JAKARTA - Bank of East Java plans to raise capital for a business unit of sharia (UUS) to $ 500 billion in stages.

The capital will be added after the Bank of East Java is able to absorb the funds through an Initial Public Offering (IPO) with the indicative target of Rp 1 trillion. (source)