INDONESIA - BANKING - Bank Negara Indonesia to grow Shariah banking

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)

BANKING - BNI to spin off BNI Syariah in 2012

JAKARTA (IFT) - Having sold 25 percent stake in PT BNI Securities, PT BNI Tbk (BBNI) plans to sell another subsidiary to a strategic partner in 2012. Gatot M Suwondo, Director of BNI, said that the company is considering releasing its shares in PT BNI Syariah. (full story)