Central Bank: Interest of the Wealthy

October 30, 2001

IT'S not just banks looking for any easy way to make money that are excited by the high interest rate on Bank Indonesia Certificates (SBIs). The wealthy needn't work hard setting up companies that won't necessarily provide profits as high as the interest rate on SBIs. They too can enjoy the high SBI interest rate, if they want. It's certainly very agreeable if you're a wealthy person in Indonesia as it's very easy to get what you want. In the banking w...

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