Bank Indover’s Bitter Pill
October 28, 2008
Lin Che Wei, CFA
IT is interesting to talk about the possible liquidation of Bank Indover. The bailout of this bank with an injection of 545.6 million euros in funding is evidence that Indonesia has no good crisis management mechanism and procedure.
It is true that the financial crisis sweeping across the world has not touched the real sector because the level of finance resoluteness an