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Bangkok Bank to acquire $2.7bn stake in Standard Chartered's Indonesian bank AFP
Thailand's Bangkok Bank said Thursday it would buy a majority stake worth $2.7 billion in Standard Chartered's Indonesian lender Bank Permata, signalling the massive potential of Southeast Asia's most populous country. The acquisition comes as major Japanese and East Asian banks are scrambling to integrate Indonesian lenders into their business.


Posted: 2019-12-13 14:27:00

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Rich and poor have this in common: The Lord is the Maker of them all. Proverbs 22:2

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