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Indonesia’s Bank Mandiri Plans to Sell 40% Mandiri Axa General Insurance

JAKARTA (TheInsiderStories) - One of the largest bank in Indonesia, PT Bank Mandiri Tbk (IDX: BMRI) plans to sell all shares of PT Mandiri...

Indonesia’s Bank Mandiri Conducts Due Dilligence to Acquire Bank Permata

JAKARTA (TheInsiderStories) - Indonesian state-owned lender, PT Bank Mandiri Tbk (IDX: BMRI) finally confirmed that it plans to acquire PT Bank Permata Tbk (IDX:...

Moody’s Affirms Bank Permata’s Baa3 Ratings with a Stable Outlook

Singapore (TheInsiderStories) - Moody's Investors Service has affirmed Bank Permata Tbk (P.T.)' long-term local and foreign currency deposit ratings of Baa3, as well as its Adjusted Baseline...

British’s Stanchard Considers to Releases Bank Permata Shares

JAKARTA (TheInsiderStories) - British lender Standard Chartered PLC (Stanchard) has considers to eliminate residual drags on returns from low-returning markets, including India, Korea, the UAE...

Bank Permata Sells 25% Share in Astra Sedaya Finance

JAKARTA (TheInsiderStories)—PT Bank Permata Tbk (IDX: BNLI) sold 25 per cent stake in PT Astra Sedaya Finance (ASF) to PT Astra International Tbk (IDX:...

Bank Permata to Sell NPL

JAKARTA (TheInsiderStories)—PT Bank Permata Tbk (BNLI) plans to sell its non-performing loans (NPL) at the value of Rp1 trillion-Rp1.5 trillion as a way to...

U.S Farallon Would Buy Bank Permata’s Shares?

JAKARTA (TheInsiderStories) - American investment company Farallon Capital Management L.L.C. is reportedly seeking to buy a 44.6 percent stake in local lender PT Bank...