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BII: Back to the IBRA Clinic

Tuesday, July 17, 2001

Last week, Bank Indonesia transferred BII to the Indonesian Bank Restructuring Agency (IBRA) to be recapitalized for a second time.

arsip tempo : 173515108577.

. tempo : 173515108577.

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, BII—the bank formerly dominated by the family of business magnate Eka Tjipta Widjaya—will have to be closed down.

It appears that the option to liquidat

...

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