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Islamic Finance Briefing - Categorized | Banking, New Launches more

BNI to establish Sharia bank

Posted on 06 October 2009

From Tempointeractive.com: State Controlled Bank Negara Indonesia 1946 announced plans to separate its sharia business unit to become sharia bank under the name Bank Umum Syariah.

Speaking after the Extraordinary General Meeting of Shareholders at the main office of the bank in Jakarta on Monday, chief director Gatot M Soewondo said the bank is expected to start operating early next year……………..Full Article: Source

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