BI to complete divestment program in 2001-Sjahril

Bank Indonesia Governor Sjahril Sabirin said on Feb. 2 that the central bank would divest all of its ownership in various financial institutions this year. Sjahril said that the divestment of the Bank Indonesia subsidiaries would be conducted either through the stock market or a private placement to strategic investors.

"We're proceeding with the divestment program ... We'll adjust our strides to the (new) central bank law," he said in response to a question about the divestment plan. Sjahril

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