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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Bank Maybank Indocorp changes name to Maybank Syariah Indonesia

Posted on 21 December 2010

PT Bank Maybank Indocorp, or BMI, has officially renamed as Maybank Syariah Indonesia, or MSI, having converted to a full fledged Islamic bank in Indonesia in October 2010. BMI has received approval from the central bank of Indonesia on 23 September 2010 to convert its operations into an Islamic bank.
It has in the past, been operating mainly in wholesale banking offering corporate banking, trade finance and treasury services to a wide range of corporate client. In addition the bank offered niche retail banking services through its office in Jakarta……………………………………….Full Press Release: Source

 
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