Thursday, April 14, 2011

Indonesia's BII considering rights issue, no timeframe

JAKARTA: Bank Internasional Indonesia (BII) , an Indonesian lender, is considering a rights issue, its CEO said on Thursday, April 14 without giving a timeframe or other details.

Malaysia's largest lender, MALAYAN BANKING BHD [] (Maybank) , owns a 97 percent stake in BII but is in talks with Indonesian regulators to cut it to 80 percent. - Reuters



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