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Bank Guarantees

Small-Minded

Tuesday, January 27, 2004

Large financial institutions are asking that the maximum guarantee on customers' funds should be higher than the current limit of Rp100 million.

arsip tempo : 173166240631.

. tempo : 173166240631.

SATINO, the Managing Director of Jasa Marga's Pension Fund, is worried about the future if problems arise with funds deposited in the banks. Soon, third party funds will be guaranteed up to a maximum of only Rp100 million, even though the amount of funds managed by pension funds now amounts to trillions of rupiah. And it won't be long now. During the coming weeks the government and the House of Representatives (DPR) will commence debating the d

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