“ … 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.)

Monday, January 28, 2008

CBA injects AUS$30 million in Bank ANK to expand market

Surabaya, E Java (ANTARA News) - The Commonwealth Bank of Australia (CBA) has injected Aus$30 million in fresh funds into Bank Artha Niaga Kencana (ANK) which it took over early this year.

Speaking to the press here on Monday, CBA President Director Symon Brewis-Weston said the funds would among other things be used to increase its system networks, improve its human resources and finance its business expansion plans.

"We want to strengthen our market share after our merger with Bank ANK," he said.

CBA officially took over Bank ANK in early January 2008 following the signing on July 26, 2007 of an acquisition agreement.

With the merger, all of Bank ANE`s assets, liabilities, licences and agreements were officially taken over by the Australian-based bank.

"The merger is part of our growth strategy as an initial step to strengthen our position in the Indonesian banking industry," he said.

He said CBA believed the merger would enable it to expand its market share, particularly in East Java which had so far been the focus of Bank ANK`s market strategy and to support the CBA`s plan to expand its market in the eastern parts of Indonesia.

The CBA would maintain the Bank ANK`s business which focused on extending credits to the small and medium business sector.

"East Java and the eastern parts of Indonesia have very great potential to grow in the next 10 to 15 years. Therefore, we do not hesitate to increase investment to support the growth of our business," he said.

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