DBS eyeing Indonesia assets but not China bank stakes

Reuters, 25 Oct 2010
Oct 25 (Reuters) - DBS Group (DBSM.SI), aiming to expand beyond its home base of Singapore, is open to buying Indonesian assets that offer good returns but is not interested for now in Chinese banks where it can only get minority stakes, its chief executive said.
He told the briefing that Indonesian assets are expensive, but he would consider acquisitions because Indonesia is a "very good return market." Full story