Business & Finance
Indonesia's Bank Muamalat says investors eyes stake in the bank
JAKARTA : Bank Muamalat, Indonesia's second biggest sharia bank, said on Wednesday that several foreign and local invest
1 min
By
Top shareholders of Bank Muamalat are looking to sell at least 51 percent stake in the bank, a source with direct knowledge of the deal told Reuters.
Andi Buchari, a director at Bank Muamalat declined to name the investors, the deadline for the sale and the size of the stake." It's the decision of our shareholders," he said.
Copyright Reuters, 2011