Indonesian Political, Business & Finance News

ANZ lending to RI firms $141m

| Source: REUTERS

ANZ lending to RI firms $141m

SYDNEY (Reuters): Australia and New Zealand Banking Group Ltd's lending to local corporate clients in Indonesia totals US$141 million, a bank spokesman told Reuters yesterday.

"Where we've got concerns, the concerns are in the local lending area," the spokesman said from Melbourne.

"Our assessment of our exposures to Indonesia remain unchanged," he said.

The ANZ branch in central Jakarta was shut on Friday.

"We've decided not to open the branch today," the spokesman said.

"We'll be reviewing the situation over the weekend to decide whether we reopen on Monday."

He said the bank employs about 40 people there, including seven expatriates and their families.

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