Dubai Islamic Bank P.J.S.C (DFM:DIB) has submitted a proposal to the Indonesian Financial Services Authority to increase its stake in PT Bank Panin Syariah Tbk (JKSE:PNBS) to 40% from 24.9%currently. The news was confirmed by Edy Setiadi, the head of the regulator's Syariah banking department.
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- Dubai Islamic Submits Proposal To Acquire 14.9% Stake In Panin Syariah