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INDONESIA PRESS-Bank Muamalat secures $90 million loan-Bisnis Indonesia

Thu, 2014-01-23 18:38 — newsdesk

PT Bank Muamalat Indonesia, the second-largest sharia lender in the country, secured a loan commitment of $90 million from a commercial bank in Malaysia and an international financial institution based in Washington, reported Bisnis Indonesia. The loan has a tenure of 5-7 years and will be used for new financing in 2014 that is expected to reach 41.7 trillion rupiah ($3.43 billion), said Finance Director Hendiarto.

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http://in.reuters.com/article/2014/01/23/indonesia-press-bank-muamalat-i...