www.channelnewsasia.com - SINGAPORE: Indonesia's fourth largest lender Bank Negara Indonesia (BNI) is actively searching for a partner to further tap growth opportunities in Shariah banking.
Its CEO Gatot Suwondo said the bank is also looking to venture into micro-banking - an area that's new to BNI right now.
Bank Negara Indonesia is one of the familiar household names in Indonesia with over 1,500 branches. (source)
Showing posts with label channelnewsasia. Show all posts
Showing posts with label channelnewsasia. Show all posts
Tuesday, February 28, 2012
Thursday, December 22, 2011
MALAYSIA - BANKING - Malaysia unveils plan to boost bank sector
channelnewsasia.com - KUALA LUMPUR - Malaysian Prime Minister Najib Razak Wednesday unveiled fresh plans to liberalise the country's financial sector in a bid to develop it as an international Islamic hub.
"The financial system will have a key role in spurring new areas of growth, and facilitating our economic transformation," he said in remarks contained in a report by Bank Negara.
Under the 10-year programme, the sector is expected to expand 11 percent annually between 2011 to 2020 and add another 56,000 jobs to the current 144,000. (source)
"The financial system will have a key role in spurring new areas of growth, and facilitating our economic transformation," he said in remarks contained in a report by Bank Negara.
Under the 10-year programme, the sector is expected to expand 11 percent annually between 2011 to 2020 and add another 56,000 jobs to the current 144,000. (source)
Friday, March 25, 2011
SINGAPORE - Islamic finance has strong growth potential in S'pore
Industry watchers said Singapore also stands to gain from its proximity to large Muslim populations in its neighbourhood.
They said sukuk, or Islamic bonds, and Syariah-compliant real estate investment trusts are two products that have strong growth potential in Singapore. (full story)
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