Roosniati Salihin

Dubai Islamic Bank stake in Panin Syariah official

DIB, the oldest sharia lender in the world, has now officially acquired shares within publicly listed lender Bank Panin Syariah from owner, Panin Bank. The statement was submitted to the Indonesia Stock Exchange shows Panin’s stake declining to 64.01 percent from 87.51 percent. Panin vice president Roosniati Salihin confirmed the deal.

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