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Bank Negara Indonesia seeks acquisition

The fourth-largest lender in Indonesia wants to become one of the top three banks by asset size

GROWTH BID: BNI is eyeing mid-sized banks that are under pressure as they have to increase capital under Basel III.


PT Bank Negara Indonesia (BNI), the nation's fourth-largest lender, plans to buy a mid-sized institution in a bid to move up the rankings and become one of the top three banks in the country by asset size.

The planned purchase would be "a win-win game" for both BNI and the...

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