CIMB NIAGA

Sunday, January 4th, 2009

Established on 26 September 1955, CIMB Niaga is currently the seventh largest bank in Indonesia in terms of assets. CIMB Niaga has the second-largest position in mortgage lending, currently commanding around 10% market share. The majority of the Bank's equity had been held by Bumiputra-Commerce Holdings Berhad (BCHB) since 25 ...

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Lippo Bank

Saturday, December 27th, 2008

Lippo Bank is Indonesia's 9th largest bank in Indonesia by the number of the assets. It is controlled by ethnic Chinese Mochtar Riady together with the Lippo Group. Indonesia sold the stake in Bank Lippo as part of asset disposals aimed at cutting the government's budget deficit and recouping the ...

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