Indonesia, Malaysia widen their banks' access to each other's market

August 2, 2016 3:33 AM

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JAKARTA Indonesia's financial regulator and Malaysia's central bank have signed an agreement that will increase the access of banks to each other's market.

Muliaman Hadad , chairman of Indonesia Financial Services Authority (OJK), and Muhammad Ibrahim, governor of Bank Negara Malaysia, signed the pact at the state palace in Jakarta, the OJK said in a statement late on Monday. (

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