Reuters UK, 12 Feb 2009, Andreas Ismar
JAKARTA, Feb 12 (Reuters) - Indonesia's fifth-largest lender, PT Bank Danamon Tbk (BDMN.JK), said on Thursday it plans to exercise its option to buy back $300 million of subordinated bonds as it has sufficient funds.
Danamon, controlled by a consortium that includes Singapore's state investor Temasek [TEM.UL] and Deutsche Bank (DBKGn.DE), said its net profit for 2008 fell 28 percent to 1.53 trillion rupiah ($129.5 million), from 2.117 trillion rupiah in 2007.
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