Merger is not the Final Solution

November 27, 2001

Getting married doesn't always end up settling problems that existed before the marriage took place. This is certainly a very apt adage for five Indonesian banks that are to be merged before the end of this year to bear in mind. The government has made the decision to create a merger between these five banksBank Bali, Bank Universal, Bank Prima Ekspres, Bank Patriot and Bank Artha Mediawhich are under the Indonesian Bank Restructuring Agency (IBRA...

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