Weekly Business

Investors Interested in Danamon

THE plan by the Indonesian Bank Restructuring Agency (IBRA) to sell the 51 percent government stake in PT Bank Danamon Tbk—the second largest private bank in Indonesia—has received positive responses from investors. Deputy Head I of IBRA, Nyoman Sender stated that a number of domestic and foreign investors have indicated their interest by submitting letters of interest—and a majority of them

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