Indonesia’s regulator approves MUFG request to raise stake in Bank Danamon

Photo: Reuters

Indonesia’s Financial Services Authority (OJK) has approved Japanese lender Mitsubishi UFJ Financial Group’s (MUFG) request to increase its stake in Bank Danamon to 40 per cent, MUFG said in a statement on Tuesday.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.