JAKARTA (Yosefardi) – The Indonesian House of Representatives (DPR) is supposedly ready to deliberate on the passage of the Banking Bill.
Based on the final draft obtained by analysts and news writers of Yosef Ardi News, the article 35 of the Bill states rather explicitly that the share ownership cap for foreign cirizens/entities is 40% maximum.
Some sources at DPR said the Banking Bill will be deliberated in the plenary session on Monday (September 29).
Below is list of banks with over 40% of foreign owernship;
1) Bank Ekonomi Raharja Tbk (BAEK) (98.94% owned by HSBC Asia Pacific Holdings Ltd)
2) Bank Central Asia Tbk (BBCA) (45.13% owned by UOB Kay Hian Privat Ltd for Farindo Invt Singapura)
3) Bank Nusantara Parahyangan Tbk (BBNP) (66.15% owned by Acom Co Ltd, Japan)
4) Bank Damaon Tbk (BDMN) (67.37% owned by Asia Financial)
5) Bank QNB Kesawan Tbk (BKSW) (69.59% owned by Qatar National Bank)
6) Bank CIMB Niaga Tbk (BNGA) (96.7% owned by CIMB Group Sdn Bhd, Malaysia)
7) Bank Internasional Indonesia Tbk (BNII) (88.29% owned by Maybank Group, Malaysia)
8) Bank Tabungan Pensiunan Nasional (BTPN) (41% owned by TPG Nusantara S.A.R.L, Luxemburg)
9) Bank OCBC NISp (NISP) (85.08% owned by OCBC Overseas Investment Pte Ltd, Singapura)