Rescuing Bank Century
The central bank’s oversight is seen as weak. The Bank Century case is proof of this.
December 2, 2008
THE liquidity crisis at Bank Century is bound to raise further public concern, especially if there is a lack of information about the possible impact. So, for the first time, what is needed from Bank Indonesia, as the oversight body, is a clear explanation on the current state of the banking system. This is important so the public does not easily fall for rumors and take needless action.
With the appointment of the Savings & Loans Agency as temp
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