INDONESIA - BANKING - Contributions Still Small, Danamon Syariah Defer Spin Off Unit

REPUBLIKA.CO.ID, JAKARTA --- Contribution Sharia (UUS) Bank Danamon to total assets that is still relatively little still about 1 percent. Therefore, Bank Danamon have not implemented the separation (spin off) UUS of the parent bank in 2012.

Assets of Bank Danamon UUS only around Rp 1.3 trillion. While the Bank's total assets reached Rp 136 trillion. "We'll just see the potential for spin off," said Director of Bank Danamon, Henry Ho, Tuesday (25/10).  (source)