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Thursday, April 14, 2011

BII considering rights issue, no timeframe

Bank Internasional Indonesia (BII) , an Indonesian lender, is considering a rights issue, its CEO said on Thursday, without giving a timeframe or other details. 

Malaysia's largest lender, Malayan Banking Bhd (Maybank) , owns a 97 percent stake in BII but is in talks with Indonesian regulators to cut it to 80 percent. Source: Reuters

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