JAKARTA, Feb 25 (Reuters) - Indonesia's finance minister,
nominated to be next head of the central bank, said on Monday
that reciprocity was an important consideration for the
government as it weighed the merits of a long delayed purchase
of Bank Danamon by Singapore's DBS Holding Group
.
Finance Minister Agus Martowardojo is seen by some analysts
as reluctant to allow the takeover to go through unless the
Singapore government allows Indonesian banks to operate there
with a full banking license.
"We believe that reciprocity is important as the main
benchmark," he told reporters when asked his view of the deal
which has been delayed for almost a year. The deal requires
central bank approval.
(Reporting by Adriana Nina Kusuma, writing by Janeman Latul,
Editing by Jonathan Thatcher and Simon Cameron-Moore)
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