Thursday, July 16, 2009

BANK RAKYAT INDONESIA EYEING PT BANK BUKOPIN

JAKARTA-

The management of state bank, Bank Rakyat Indonesia (BRI), is eyeing PT Bank Bukopin (JSX:BBKP), a bank partly owned by the government.


There has been no official talk with Bukopin, but BRI is optimistic the process would go smoothly, BRI director Bambang Supeno said.


BRI failed in its attempt to acquire Bank Tabungan Negara (BTN), another state bank, as the plan was rejected by the House of Representatives.


A decision would be made after a new cabinet was formed following last week's presidential election, Bambang said.


BRI chief commissioner Bunasor Sanim said the bank management had proposed the plan to acquire Bukopin to the board of commissioners.

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