Islamic Finance

Bank Rakyat Indonesia Syariah plans March IPO


Photo: A woman walks past a Bank Rakyat Indonesia (BRI) automated teller machine (ATM) in Jakarta December 4, 2009. State-owned BRI is the parent bank of BRI Syariah. REUTERS/Crack Palinggi

JAKARTA – Indonesia’s Bank Rakyat Indonesia Syariah, a subsidiary of state-owned listed lender PT Bank Rakyat Indonesia (BRI), is planning an initial public offering (IPO) of its shares on the Indonesia Stock Exchange in March, Haru Koesmahargyo, its Financial and Business Strategy Director told Salaam Gateway.

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

tags:

IPO
Initial Public Offering
Listing