Indonesia Now – Indonesia Could Set Banking Ownership Stake Limits At 30-40%- Report
Indonesia and Global Now Breaking News about Indonesia Could Set Banking Ownership Stake Limits At 30-40%- Report. This news, originally published at http://www.topix.com/world/indonesia/2012/05/indonesia-could-set-banking-ownership-stake-limits-at-30-40-report?fromrss=1 states that
JAKARTA Indonesia will likely set limits on ownership of local banks by any single financial institution at 40%, and non-financial institutions at 30%, Bisnis Indonesia reported Wednesday, citing an unnamed source at Bank Indonesia.Ownership by multiple owners from the same family would be limited to 20%, the newspaper reported.The daily said a … (more)
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