INDONESIA - BANKING - Expansion of Foreign Banks in Indonesia Bank Sarasin to open the service in Indonesia

www.kontan.co.id - JAKARTA. Bank Sarasin & Co.. Ltd., began considering a plan to do business in Indonesia. Currently, a special bank manage customer wealth of at least U.S. $ 2.7 million, the newly opened representative office in Singapore to attract the rich in Asia.
Renate Boerner, Marketing Communications Director of Bank Sarasin said it wanted to open a representative office in Indonesia to expand the market. The potential is promising, in line with the increasing number of wealthy people in this country. "But we are not going to realize in the near future," he said KONTAN met on Tuesday (5/6). (source)