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Bank Negara Indonesia expands in Saudi Arabia

Posted on 23 October 2012

State-owned lender Bank Negara Indonesia plans to open a second branch in Saudi Arabia by the end of the year as part of a push to tap the Middle East banking industry.
BNI, Indonesia‚Äôs fourth-largest bank by assets, plans to open a branch in Jeddah, said Adi Setianto, director for treasury and finance. The bank plans to open additional branches in Mecca and Medina. BNI currently operates a single location in Riyadh, as well as branches in Qatar, the United Arab Emirates and Kuwait………………………………………..Full Article: Source

 
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