Saturday, May 12, 2012

TERMS OF BANK INDONESIA: All the banks involved acquisition of new provisions



Semua proses akusisi bank ikut ketentuan baru
JAKARTA . One step away from Bank Indonesia ( BI ) completed the majority of the bank stock ownership rules in the hands of one party . This would distinguish categories beleid bank owners . Among other things, the owner of a background of financial institutions ( bank and non bank ) , legal entities and private non- financial institutions . This categorization will determine the maximum number of shares that may be owned by each shareholder .

BI deputy governor Halim Alamsyah , said, BI live once held a meeting to finalize the rules . If it runs smoothly , BI entered the legal drafting stage . This means that the concept is final and no further discussion at the Board of Governors ( RDG ) to discuss the substance of the rule . However , Halim is not willing to divulge the contents of waiting for the finalization of the policy .
Earlier , sources whisper KONTAN among bankers , the central bank will limit the majority shareholding in the hands of one party a maximum of 40 % . This provision applies to finance companies and banks . Meanwhile , investors who are not non - financial firms limited to a maximum of 30% and 20% of individual investors .

There is also an option to allow the company a public company have the status of bank shares to 51 % . Halim did not want to confirm this news . "Just wait until the rule was published, " he said .
Halim was only willing to explain the fate of the pending acquisition because these rules have to wait for sunrise . Such as the acquisition of DBS against Danamon , RHB Bank Mestika of Affin Bank to Bank or Ina .

According to him , all proposals must fit with the acquisition of the contents of the new regulations . So , stocks that they want to control must follow the new provisions . That is, DBS plans mengenggam 67 % stake in Asia Financials Temasek may lose ground .
Halim add a , it will look at and take into account the various possibilities when the BI issued a new policy . Both the impact of the development of the banking industry in the long run , health and competitiveness of the industry to the competitive situation in other countries , including the ASEAN region .

Analysts Economics, University of Gajah Mada , Tony A. Prasentiantono , judge , this policy should be supported . More and more owners , the better governance . He suggested, gradual and divestments made ​​through the capital market .
A decrease of 10% per year is reasonable . " If the ownership of investors to 90 % , with a decrease of 10% per year it takes 4 to 5 years , " he said . Appropriate transition period is the key that this policy does not seem anti -foreign.

Thus, the most crucial of the application of this rule is a transition period for divestment .
Earlier , President Director of Bank Central Asia ( BCA ) , John Setiaatmadja state , waiting for sunrise ownership rules . Once there is clarity , then it was thought the divestment process . "If it is not clear , we are reluctant to comment , " said John. Until December 31 , Hartono family ( Djarum ) through Farallon Investment Indonesia has 47 % stake in BCA

Source : Kontan

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