In developments related to Indonesia banking sector, IFC is said to be eyeing a stake in the country’s first Islamic lender PT Bank Muamalat Indonesia. State-owned PT Bank Negara Indonesia Tbk (BBNI) plans to issue negotiable certificate of deposit (NCD) of Rp4 trillion ($287.77 million) in 2016.
Continue reading this story with a subscription to DealStreetAsia.
Already a subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com.
