Bank Indonesia (“BI”) has issued Circular Letter No. 15/8/DPBS on Establishment of Sharia Branch Offices and Sharia Business Units Based on Core Capital (“Circular”). The Circular is a follow up to BI Regulation No. 14/26/PBI/2012 on Business Activities and Branch Offices Based on Banks’ Core Capital (“Regulation”). [1]
Minimum Core Capital for Sharia Banks’ New Branch Offices
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