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OCBC reportedly eyeing onshore Indonesia PB market as tax amnesty nears conclusion

OCBC, the parent company of Bank of Singapore, may be making a play for the Indonesia onshore private banking market, according to media reports. The Indonesian Financial Services Authority, or OJK, is currently reviewing an application by PT Bank OCBC NISP to establish a private banking business in the country, according to Gulf Times, which cites the bank’s president director…

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