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Japan's SMFG most serious bidder for Indonesia's Bank Permata stake - regulator

FILE PHOTO: A man walks past a sign board of Sumitomo Mitsui Banking Corporation, part of SMFG
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JAKARTA (Reuters) - Japan's SMFG is the most serious bidder competing for a stake in Indonesia's PT Bank Permata , Slamet Edy Purnomo, a deputy commissioner at Indonesia Financial Service Regulator (OJK), said on Friday. Just two bidders are now vying for the stake in the mid-sized lender which is controlled by Standard Chartered and PT Astra International , who each own a 45% stake, Purnomo told..
Date Published: Nov 29, 2019
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