BANKING
Running Against Time

ON Thursday two weeks ago, Chief Executive Zulkifli Zaini, Finance Director Pahala Mansury, and other board members of Bank Mandiri hurried to the office of State-Owned Enterprises (SOEs) Minister Mustafa Abubakar on the heels of Bank Mandiri management who had arrived there earlier.

Mustafa called the managements of the two banks to a meeting on a planned increase of their capitalization through a rights issue, Mandiri to offer 2.36 billion new

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