| 05.07.2011 - QIB quits Bank Muamalat bid, StanChart left-sources |
| Qatar Islamic Bank has pulled out of the bidding for a majority stake in Indonesian Islamic lender PT Bank Muamalat, banking sources said, leaving Standard Chartered Plc as the sole remaining bidder. Top shareholders of Indonesia's second-biggest sharia lender are aiming to sell at least 51 percent of the unlisted Islamic lender in a deal that may be worth about $300 million, sources have told Reuters..............................................Full Article: Source |