You are here

Jakarta may ease curbs on foreign ownership for Islamic banks

Jakarta

INDONESIA'S financial regulator said it may ease foreign ownership restrictions for Islamic banks - a move that could attract Middle Eastern lenders such as Bahrain's Al Baraka Banking Group. Under a 2012 rule introduced amid calls by nationalist politicians to limit foreign...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes