Banking
Questionable Merger
Tuesday, January 15, 2002
IBRA has opted for a merger by appointing a coordinating bank. But central bank BI is yet to approve this pattern, which is to open up room for IBRA's free intervention.
arsip tempo : 173518883673.
The merger process that Bank Bali, Bank Universal, Bank Patriot, Bank Prima Express and Bank Artha Media will have to undergo may be likened to traveling through a long, dark tunnel. After a delay of three months in the merger plan, the pattern the Indonesian Bank Restructuring Agency (IBRA) will opt for began to come to light when IBRA chief, I Putu Gde Ary Suta, asked Bank Indonesia (BI) to approve the change of status of four banks into t
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