Showing posts with label bank ina. Show all posts
Showing posts with label bank ina. Show all posts

Monday, April 16, 2012

INDONESIA - BANKING - Affin Still Interested In Bank INA Perdana

www.bernama.com - KUALA LUMPUR, April 16 (Bernama) -- Affin Holdings Bhd is still interested in acquiring at least 51 per cent or a majority stake in Indonesia's PT Bank Ina Perdana, says Chairman Tan Sri Mohd Zahidi Zainuddin.

"We are continuously looking to expand our operations there.

"However, we want to get a clear indication from Indonesian regulators about foreign ownership for local banks," he told reporters after the company's annual general meeting here Monday.  (source)

Tuesday, April 19, 2011

BANKING - Affin (Malaysia) to convert Indonesia's Bank Ina into Islamic lender


KUALA LUMPUR: Indonesia's conventional bank PT Bank Ina Perdana, which is being acquired by Affin Holdings Bhd , will be converted into an Islamic bank - a process that will likely take two years.

Affin Islamic Bank chief executive officer (CEO) Kamarul Ariffin said the conversion of all 25 branches of the medium-sized Indonesian bank will be done "slowly". (full story)

Monday, April 18, 2011

BANKING - Affin Holdings Expects To Complete Acquisition Of PT Bank Ina In Q2 Of 2011 - Conversion to Islamic bank in the pipeline

KUALA LUMPUR, April 18 (BERNAMA) -- Affin Holdings Bhd expects to complete the acquisition of Indonesia's PT Bank Ina Perdana in the second quarter of this year.

Its chairman Gen (R) Tan Sri Mohd Zahidi Zainuddin said the company is currently awaiting approval for the acquisition from the Central Bank of Indonesia. (full story)