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Indonesia: Foreign ownership restrictions in commercial banks

Description

On 13 July 2012, the Bank of Indonesia issued regulation 14/8/PBI/2012 regulating share ownership of commercial banks. The new provisions introduce foreign ownership caps on banks of 40% (art. 2(2)a o...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

13 Jul 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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