INDONESIA - BANKING - Conversion of Islamic Banking Bank Ina Being Threatened Clear

REPUBLIKA.CO.ID, JAKARTA - PT Bank Ina conversion into Islamic bank threatened Prime void. Affin Holdings reason, cancel the acquisition of banks with assets of the medium.

According to reports on Bursa Malaysia, plans of Bank Indonesia (BI) that would apply the rule of majority ownership restrictions in banking a cause. "All parties berenegosiasi be reopened if the policy has been issued," the company said it via press release on Thursday (4 / 8). (source)