ID :
56554
Tue, 04/21/2009 - 08:44
Auther :

FOUR INVESTORS INTERESTED IN BANK MUAMALAT SHARES

Jakarta, April 20 (ANTARA) - Four investors -- three of them foreign -- are interested in buying shares in Bank Mualamat, the bank's, president director, A Ridwan Amin, said here Monday.

"Three of them are foreign and one a local investor," said Ridwan after the dedication of the bank's Kuala Lumpur branch office and 33 service offices in Jakarta.

According to him, many investors were actually eager to buy shares in the Syariah (Islamic law) based bank. Some offers had been received not only from foreign but also from local investors.

However, the issue of selling some of the bank's shares to interested parties would be left to the shareholders to decide in the sense whether they were ready to share the bank's ownership with other parties, he said.

At present, the capital adequacy ratio (CAR) of Bank Muamalat was still above eight percent. In fact, according to Ridwan, the bank's CAR has reached the level of nine percent.

"Over eight percent and perhaps nine percent.. yes," he said, adding that his bank did not need capital because its business activity was profitable. However, the regulation on CAR issued by the Bank Indonesia should also be met by his side.

Ridwan himself said he has yet to mention the exact amount of funds from the four investors. But he only said that at least 50 percent of Bank Muamalat's capital which had reached Rp500 billion.

"I don't know the details," said Ridwan when asked on the shares to be bought by prospective investors.

Three Bank Muamalat's shareholders are among other the Islamic Development Bank (IDB) with 28 percent in the ownership of the bank, Boudyan Bank Kuwait with 21.28 shares and Atwill holdings Limited 15.3 percent. ***2***



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