Bank Danamon, the country's fifth-largest bank in terms of assets, is currently undergoing a re-evaluation of its business strategy after Asia Financial Indonesia Pte. Ltd (AFI) became its new owner in June. Asia Financial Indonesia Pte. Ltd is a consortium of Temasek Holdings Pte. Ltd. and Deutsche Bank following the purchase of a 51 per cent stake from the Indonesian Bank Restructuring Agency (IBRA).
The Jakarta Post's Rendi A. Witular interviewed Francis Andrew Rozario, president of Danamon, to get a hint of the strategies and expectations of the new owner.
