• HSBC
Page navigation Browse related articles

Al Baraka eyes acquisition in Indonesia

  • Bahrain: Tuesday, November 03 - 2009 at 09:41

Bahrain-based Al Baraka bank has returned to its strategy of growing through acquisitions in Asia and plans to spend $30m to $50m to buy a bank in Indonesia, the lender's CEO told Reuters. 'Indonesia is a target market for us. We have a representative office there and one of its responsibilities is to find a target,' Adnan Yousif said. "Bank Kesawan is one of them.'

Article Options

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions