Showing posts with label rashid. Show all posts
Showing posts with label rashid. Show all posts

Thursday, February 23, 2012

INDONESIA - BANKING - CIMB NIAGA: Spin off sharia unit judged to be urgent

www.bisnis.com - JAKARTA: PT Bank CIMB Niaga Tbk will not ensure the separation of business units implement sharia and more interested in developing a dual banking system.

CIMB Niaga president director Arwin Rashid said the development of dual banking model is more challenging for the company in driving the expansion of a business unit of Islamic (CIMB Niaga Syariah).

Through this system, the company can market the products through the branch Islamic conventional. (source)