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Monday, December 13, 2010

Indonesia's Danamon sees loan growth of over 20 pct next yr

PT Bank Danamon , Indonesia's sixth-largest lender, expects loan growth of over 20 percent next year, said Pradip Chhadva, the bank's director of treasury, on Monday.


Danamon is seeking up to 5 trillion rupiah ($554.2 milliion) in funds next year, which could come from a private placement, loan or bond issue, Chhadva said. Source: Reuters

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