Indonesia central bank studies limits on bank ownership may force Temasek to cut stake

Reuters, 18 Jul 2011
(Reuters) - Indonesia's central bank is studying limits on ownership in commercial banks, at a time when investor interest in buying stakes in local lenders has picked up given the strong industry growth in Southeast Asia's biggest economy.
Any regulation to limit foreign ownership would force Singapore state investor Temasek and private equity firm TPG Capital to cut their majority stakes in Bank Danamon and BTPN , respectively. Full story