ID :
70427
Tue, 07/14/2009 - 22:00
Auther :
Shortlink :
https://www.oananews.org//node/70427
The shortlink copeid
BNI EXPLORING COOPERATION WITH MIDDLE EASTERN BANKS
Jakarta, July 14 (ANTARA) - Indonesian state-owned bank BNI is exploring cooperation possibilities with banks from the Middle East.
"It is still being discussed. The form of cooperation is still being discussed from various aspects," the bank's vice president director, Felia Salim, said here on Tuesday.
She would not mention the names of the banks BNI planned to cooperate with as yet. "I cannot yet name them now," she said.
It was reported earlier that BNI would cooperate with the Bank of Qatar. BNI meanwhile is also still continuing the process of cooperation with the Islamic Corporation for the Development of the Private Sector (ICD). The two banks planned to cooperate in the establishment of a shariah-based bank.
BNI and ICD, which is a subsidiary of the Islamic Development Bank (IDB), have agreed to set up a shariah bank from a spinned-off BNI shariah unit.
BNI expects the spin off of its shariah unit with a capital of Rp500 billion to finish this year so that the ICD could immediately join and invest in it.
Several investors from the Middle East meanwhile were reported early this year to enter the banking sector in the country including QIB from Qatar and Kuwait Investment House.
The director of shariah banking at Bank Indonesia, Ramzi A Zuhdi, believed the Middle Eastern investors would not yet enter this year.
"I think no investor from the Middle East will enter this year because of the impact of the world financial crisis which has certainly also affected their finances," he said.
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"It is still being discussed. The form of cooperation is still being discussed from various aspects," the bank's vice president director, Felia Salim, said here on Tuesday.
She would not mention the names of the banks BNI planned to cooperate with as yet. "I cannot yet name them now," she said.
It was reported earlier that BNI would cooperate with the Bank of Qatar. BNI meanwhile is also still continuing the process of cooperation with the Islamic Corporation for the Development of the Private Sector (ICD). The two banks planned to cooperate in the establishment of a shariah-based bank.
BNI and ICD, which is a subsidiary of the Islamic Development Bank (IDB), have agreed to set up a shariah bank from a spinned-off BNI shariah unit.
BNI expects the spin off of its shariah unit with a capital of Rp500 billion to finish this year so that the ICD could immediately join and invest in it.
Several investors from the Middle East meanwhile were reported early this year to enter the banking sector in the country including QIB from Qatar and Kuwait Investment House.
The director of shariah banking at Bank Indonesia, Ramzi A Zuhdi, believed the Middle Eastern investors would not yet enter this year.
"I think no investor from the Middle East will enter this year because of the impact of the world financial crisis which has certainly also affected their finances," he said.
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