Singapore govt to give Indonesian banks more access in exchange DBS getting majority stake in Bank Danamon

Reuters, 21 May 2013
May 21 (Reuters) - Singapore's central bank said on Tuesday it is exploring the possibility of giving Indonesian banks greater access to the city-state's market, in a move that may help Southeast Asia's largest bank DBS Group get majority control of Bank Danamon.
Its announcement follows Indonesia's central bank's approval of a long-delayed bid by Singapore's DBS to buy up to 40 percent of Danamon. Full story

Related:

1. DBS-Danamon deal hinges on Singapore's invite to Indonesian banks - Fox Business
2. Indonesia’s Bank Danamon shares tumble 4pc after DBS approval - The Malaysian Insider 
3. Singapore holds key in DBS deal - The Jakarta Post