Neloe and His Statement
If Bank Mandiri becomes entangled in problem loans, such as happened to Bank Negara Indonesia (BNI), let us not overlook what Neloe said to the House of Representatives.
February 27, 2001
Last week, Texmaco applied to Bank Mandiri for a US$60 million loan. The story came out suddenly, in the middle of the bank’s aggressive promotional campaign to find new customers, increase work performance and strengthen its capital structure.
Didi Supriyanto, a member of the House of Representatives from Commission IX, asked the managing director of Bank Mandiri, E.C.W. Neloe, about Texmaco’s loan request. Neloe’s answer see
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