JAKARTA, June 22 (Reuters) – Indonesia’s financial regulator said it may ease foreign ownership restrictions for Islamic banks – a move that could attract Middle Eastern lenders such as Bahrain’s Al Baraka Banking Group.
The European Union just confirmed that it will extend its sanctions against Russia until at least the end of January 2016. The meeting of European foreign ministers in Luxembourg on Monday announced the widely-expected increase because of Russia’s annexation of parts of Ukraine according to Reuters. The series of economic and financial sectors, particularly directed against members of President Vladimir Putin’s inner circle and key economic sectors, were due to expire in July…
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