“ … 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.)

Wednesday, October 29, 2008

BCA signs deal for UIB sharia takeover

The Jakarta Post, Wed, 10/29/2008 10:52 AM  

Publicly listed PT Bank Central Asia (BCA), the nation's second largest lender, announced Tuesday a deal to acquire PT United International Bank (UIB) to help expand its sharia business. 

The bank said it had inked a sale and purchase agreement to acquire a 100 percent stake in UIB, which is owned by the Tjahyadikarta family. 

Under the deal, the takeover will be worth about Rp 242 billion (US$24.2 million), BCA said in a statement. 

BCA plans for the whole purchasing process to be completed in early 2009, after the company receives approvals from the shareholders and the central bank. 

The bank's next step will be to convert UIB into a sharia bank, BCA said. 

The conversion process will be done after completing the acquisition process, which will need at least one year. 

BCA has more than seven million accounts and owns the central bank's certificate worth Rp 26.8 trillion. It currently has 815 branch offices. 

UIB is a national private bank with assets valued at Rp 665.7 billion at the end of June 2008, a credit portfolio of Rp 462.2 billion and third party funds of Rp 553.6 billion. -- JP/iwp

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