Japan's MUFG Bank to book $1.9 billion hit after Indonesian unit's stock plunge

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Japan's MUFG Bank to book $1.9 billion hit after Indonesian unit's stock plunge
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The banking unit of Japan's Mitsubishi UFJ Financial Group Inc (MUFG) |8306...

FILE PHOTO: Japan's national flag is seen behind the logo of Mitsubishi UFJ Financial Group Inc at its bank branch in Tokyo, Japan September 5, 2017. REUTERS/Kim Kyung-Hoon/File Photo

PT Bank Danamon Indonesia Tbk , of which MUFG Bank Ltd owns 94.1%, closed at 3,950 rupiah on Monday on the Indonesia Stock Exchange’s last trading day of 2019.

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