The news sounded serious: 14 banks are in vulnerable condition, presently under intensive and special monitoring by Bank Indonesia (BI), the central bank.

Even more frightening is that these are no run-of-the-mill banks, they are big, government-owned banks and former private banks that are not small in size. On average, they're all upper-class banks. According to Deputy Director for Research & Banking Regulation at Bank Indonesia, Nels