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Citi, HSBC, StanChart Send More Indonesia Profits Back Home as Prabowo Demands Rise

The three biggest foreign banks in Indonesia have shipped around $640 million of their earnings out of Southeast Asia’s largest economy since 2024 as they pare exposure amid President Prabowo Subianto’s increasingly state-focused economic policies.

28 Jun 2026, 23:00 UTCSource: Bloomberg MarketsOriginal source
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