A Palace Directive

The central bank once again relaxes bank loan regulations.

April 10, 2007

THE coordinating meeting between Bank Indonesia and bankers at the headquarters of the central bank in the Thamrin area, Central Jakarta, in the middle of last month, felt special. Attending the “special occasion” was not only the top leadership of the top 15 banks, but also Vice President Jusuf Kalla.

Kalla was even the central figure. Although the meeting was chaired by BI Governor Burhanuddin Abdullah, a banker who was present said that t

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