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Emirates NBD mulls opening Islamic bank in Indonesia

Emirates NBD mulls opening Islamic bank in Indonesia
Photo Credit: Arabianeye-Reuters
Emirates NBD
EMIRATESNBD
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Mubasher: Emirates NBD is considering the establishment of a new Islamic bank worth $300 million in Indonesia, according to a statement.

Dhani Gunawan Idat, director for research and development, banking regulation and licensing at the Financial Services Authority (OJK), confirmed that the bank is seriously holding serious discussions with OJK to establish a subsidiary in the country, according to Bloomberg.

Emirates NBD declined to comment when approached by Mubasher.