RHB commercial bank in Indonesia likely

Pedestrian walk under the RHB logo in Kuala Lumpur, Malaysia. RHB Capital says its intention to acquire a 40% stake in PT Bank Mestika Dharma has failed to get the approval of the Financial Services Authority of Indonesia - EPA Photo.

This comes following recent agreement between 2 nations

PETALING JAYA: RHB Banking Group could likely be Malaysia’s third banking group to commence commercial banking operations in Indonesia in the wake of the recent bilateral agreement to allow banks greater access to each other’s jurisdictions.