The Never-Ending BLBI Case

December 26, 2000

No case in Indonesia’s banking history has ever been as complicated as that of Bank Indonesian (BI) Liquidity Support (BLBI). Most of the hundreds of trillions of rupiah injected from late 1997 to help the capitalization of banks that were close to collapsing has been used for various private purposes of bank owners. BLBI repayments have been sluggish and complicated. To overcome this problem, the Indonesian Bank Restructuring Agency (IBRA)

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