“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Sunday, June 24, 2007

Bank of India acquires 76 per cent in Indonesia's PT Bank Swadesi

Domain-b.com, 23 June 2007

Mumbai: Public sector lender Bank of India made its first overseas acquisition by buying 76 per cent stake in Indonesia- based PT Bank Swadesi for an undisclosed amount.

The bank has signed an agreement for acquiring majority stake in PT Bank Swadesi, BoI said in a filing with the Bombay Stock Exchange (BSE).

BoI has a representative office in Jakarta and the acquisition is expected to enhance its operations in Indonesia.

A mid-sized bank operating in Indonesia for the last 38 years, Bank Swadesi has 16 outlets and a licence for forex business. It is also listed on the Jakarta Stock Exchange.

Earlier in December 11, 2006, BoI had said that it would acquire 76 per cent stake PT Bank Swadesi Tbk and had signed a conditional sale-purchase agreement for this purpose with majority shareholders of the Indonesian firm.

The acquisition, however, is subject to necessary approvals or send this article to a friend confirmations from Bank Indonesia and the Indonesian capital market regulators, BoI said.

This would be the second acquisition of a bank in Indonesia by an Indian lender after the State Bank of India bought 76 per cent stake in Bank Indomonex.

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