Blog Category: Legal Updates

New BI Regulation on the Share Ownership of Commercial Banks

Long awaited by the banking industry and having gone through a lengthy process within Bank Indonesia (BI) itself, where several share purchase transactions were put on hold by BI, BI has issued a new regulation on the ownership of commercial banks, as contained in BI Regulation No. 14/8/PBI/2012 regarding the Share Ownership of Commercial Banks New BI Regulation on the Share Ownership of Commercial Banks