Fri, 09 Nov 2001

JP/1/BCA

IBRA optimistic on BCA sale: The Indonesian Bank Restructuring Agency (IBRA) insists it can finalize the sale of a 51 percent stake in Bank Central Asia (BCA) this year, in spite of doubts expressed Wednesday by Coordinating Minister for the Economy Dorodjatun Kuntjoro-Jakti. IBRA said in a statement that preliminary bids from strategic investors would start flowing in by next week.