Indonesia signals relaxation of banking and M&A rules

clock • 1 min read

Indonesia has proposed measures to enable foreign investment in its banking sector, as well as making it easier for Indonesian banks to merge. The planned changes, first reported by Bloomberg, signal a relaxation of the country's banking rules as part of a wider big to encouage inward investment into Jakarta's financial services industry. In particular, the changes relate to the so-called single presence policy, which is expected to be revised by the end of the year. The single presence rule, in effect since 2006, was intended to encourage consolidation among the 2,000 Indonesian bank...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.