Which Assets are Worth What?

The government has at last applied a guarantee scheme to Sinar Mas' debts at BII. But great care is still required.

February 13, 2001

HAVING to make a choice when all you're presented with are equally bad options is a difficult task. This is the situation the government has found itself in concerning the problem loans of the Sinar Mas Group at Bank Internasional Indonesia (BII). The government's position has been made even worse by the fact that it is under pressure to find a solution to the Sinar Mas case.

The government, or in this case the Indonesian Bank Restructuring Agency

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