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UOB sees greater China investments in Indonesia via its Asean network

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Published Fri, Dec 4, 2015 · 09:50 PM

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Singapore

UNITED Overseas Bank (UOB) expects to draw more Chinese investment flows through to Indonesia via its Asean network, with its latest agreement with Indonesia's investment agency that is directly supervised by President Joko Widodo.

The bank is also engaged with some 200 new clients, including those from Europe and Japan, eager to tap UOB's Asean network to expand into the region, a senior executive told BT.

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