UPDATE 2-Indonesia shortlists 5 bidders for bank Permata

Newswire

(Adds PPA and analyst comments) By Lily Kurniawati JAKARTA, Aug 31 (Reuters) - Indonesia shortlisted five bidders, including Standard Chartered, for a $200 million majority stake in PT Bank Permata and a slice of the nation's booming consumer loans sector. In its last bank privatisation, state asset disposal company PT Perusahaan Pengelola Aset (PPA) outlined preliminary bids for a 51 percent stake in the nation's seventh-largest bank. PT Bank Permata Tbk is a key consumer loans ...

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