Indonesia: Mandiri Capital seeks SEA expansion, lobbying with govt to relax rules

Indonesia: Mandiri Capital seeks SEA expansion, lobbying with govt to relax rules

Eddi Danusaputro

Mandiri Capital Indonesia (MCI), the corporate venture capital (CVC) of state-owned Bank Mandiri, said that it is looking to expand regionally this year, and is in dialogue with the authorities to “find ways around” a recently launched rule on foreign ownership for payment services.

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