Aberdeen cuts Bank Bali stake

JAKARTA (JP): Publicly listed Bank Bali said on Wednesday that regional fund manager Aberdeen Asset Management Asia Ltd reduced its stake in the bank to 4.99 percent on Sept. 15.

Bank Bali's corporate programs and communications manager, Dian Syarief, said that Aberdeen previously held 5.13 percent of the bank's equity.

Dian's statement clarifies a previous report in The Jakarta Post about Aberdeen's links with the bank. (rid)