So Who's Biting?

THE majority of those buying up loans from the Indonesian Bank Restructuring Agency (IBRA) are financial instit-utions such as banks, sec-urities companies and investment fund companies. Interestingly enough, the local securities companies that are involved are not large ones, most of them are only small or medium-sized companies (see table).

Here are profiles of three of the largest companies buying up the loans: Bank Mandiri (ranked fi

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