Indonesia raises cash from stake sale.
Global Banking News-12 August 2010-Indonesia raises cash from stake sale(C)2010 ENPublishing - http://www.enpublishing.co.ukGlobal Banking News - 12 August 2010(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Reuters has reported that the Indonesian government has raised capital by selling its stake in PT Bank Negara Indonesia (BBNI.JK).
The government raised close to IDR1.37tn by selling a 3.1 per cent stake in the state-owned bank.
The government had been contemplating a stake sale since 2007.
[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]
((Distributed via M2 Communications - http://www.m2.com))
 Printer friendly
 Cite/link
 Email
 Feedback
| |
| Publication: | Global Banking News (GBN) |
|---|---|
| Date: | Aug 12, 2010 |
| Words: | 105 |
| Previous Article: | Swiss Re says new EU rules would boost reinsurance and ILS demand. |
| Next Article: | ADB plans seven year benchmark bond. |