Under Attack

The demands to replace Bank Mandiri’s directors and commissioners is unjustified. The government must not act rashly.

August 28, 2007

WILL Bank Mandiri suffer the same fate as Jamsostek, Telkom and Danareksa? This question has been taxing banking and capital market analysts recently after reports emerged that the leadership of Indonesia’s largest bank is being “attacked” from all sides. If this is true, it is cause for regret because the bank, which has assets of more than Rp260 trillion, is performing very well.

As of the end of July, profits were up 163 percent over th

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