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Indonesian banks strong enough without merger

They can build on geographical reach to retain an advantage, says Bank Negara head
Friday, February 6, 2015 - 05:50

Jakarta

INDONESIA'S biggest banks, among the world's most profitable, are strong enough to face down overseas rivals without the need to merge to cope with South-east Asia's economic integration, said the head of state lender PT Bank Negara Indonesia (BNI).

Indonesian banks can

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