27.08.2012 - Indonesia: Bank Mandiri’s Shariah unit plans IPO
Bank Mandiri, the country’s largest lender by assets, is considering an initial public offering next year for its Islamic unit, Bank Syariah Mandiri, a top executive has said. Sunarso, a commercial director of Bank Mandiri, said on Thursday that the preparations for the offering were under way and the IPO was likely for next year. “The preparations for the share sale, still have to be completed first but I don’t think it will take too long,” he said. “We want the IPO to help strengthen the capital [of Bank Syariah Mandiri] .”..............................................Full Article: Source
Print