BII: Back to the IBRA Clinic
Tuesday, July 17, 2001
THE second recapitalization of Bank Internasional Indonesia (BII) cannot be avoided. It has been already been predicted that BII will not be able to meet Bank Indonesia's minimum 8 percent Adequacy Ratio (CAR) requirement before the end of this year. Without a new injection of capital, BIIthe bank formerly dominated by the family of business magnate Eka Tjipta Widjayawill have to be closed down.
It appears that the option to liquidat
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