BIIIBRAs Pet

When Kwik Kian Gie predicted that Destruction Phase II will befall the Indonesian banking sector, its main cause may very well be Bank Internasional Indonesia (BII). When it was first recapitalized in 1999, its coffers received an injection of Rp7.61 trillion from the government. But that only lasted one year because Asia Pulp & Paper Co.a subsidiary of the Sinar Mas Groupwas mired in a bad debt to the tune of US$13 billion. It turned out that U

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.