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                    [Title] => Lippo Group infuses P3B into EIB
                    [Summary] => Indonesia’s Lippo Group and partners from Hong Kong and Austria are investing P3 billion to recapitalize Export and Industry Bank (EIB) under a deal struck with the government, company officials said yesterday. 


Hong Kong-based investment bank AO Capital Partners, Raiffeisen Zentralbank (RZB) of Austria, as well local investors are part of the Lippo consortium that would inject the fresh funds into the Export and Industry Bank within the next three months, said Albert Cheok, representative of the Lippo Group. 


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ALBERT CHEOK

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                    [Title] => Lippo Group infuses P3B into EIB
                    [Summary] => Indonesia’s Lippo Group and partners from Hong Kong and Austria are investing P3 billion to recapitalize Export and Industry Bank (EIB) under a deal struck with the government, company officials said yesterday. 


Hong Kong-based investment bank AO Capital Partners, Raiffeisen Zentralbank (RZB) of Austria, as well local investors are part of the Lippo consortium that would inject the fresh funds into the Export and Industry Bank within the next three months, said Albert Cheok, representative of the Lippo Group. 


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abtest

Lippo Group infuses P3B into EIB

January 18, 2006 - 12:00am

Indonesia’s Lippo Group and partners from Hong Kong and Austria are investing P3 billion to recapitalize Export and Industry Bank (EIB) under a deal struck with the government, company officials said yesterday....

Business