BTN Syariah’s Acquisition of Bank Muamalat

AFTER holding the annual general shareholders meeting on March 6, Nixon Napitupulu, Chief Executive Officer (CEO) of Bank Tabungan Negara (BTN), had a number of new targets to meet. In addition to improving performance, Nixon must realize the consolidation of BTN Syariah—the BTN sharia banking business unit—with Bank Muamalat Indonesia. “We are carrying out due diligence, which usually takes three months. We’ve done i

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