“ … 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.)

Saturday, December 08, 2007

Asian Finance Bank gets license to expand in Indonesia

The Jakarta Post

KUALA LUMPUR (AP): A foreign-owned Islamic bank based in Malaysia said Thursday it has been granted a license to open a representative office in Jakarta as part of its regional expansion.

The Asian Finance Bank, which is owned by Middle Eastern financial institutions, started operations in January in Malaysia. It was the third foreign Islamic bank to set up shop in the country.

It said in a statement that its entry into Indonesia underscored its long-term strategy to have full representation in the region.

There is great potential in Indonesia's Islamic banking sector which has grown at a compounded annual growth rate above 65 percent in the last four years, it said.

"We believe that there are excellent wealth creationopportunities in Indonesia as a result of its strong economic growth," chief executive Faisal Al Showaikh said in the statement.

"We are confident that our entry into the Islamic banking market in Indonesia will be viewed as both complementing the present banking system and helping to propel the nation's growth of Shariah banking to the next level."

The bank is 70 percent owned by the Qatar Islamic Bank, 20 percent by Saudi Arabia's RUSD Investment Bank Inc. and 10 percent by Kuwait's Global Investment House.

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