Rules for Healthy Banks
Tuesday, June 7, 2005
OUR banking system has not learned much from the economic crisis of eight years ago. When the banking system collapsed, the state injected around Rp600 trillion to save it. Today, several banks are about to fall into the same trap: bad loans. The recent performance of the banking sector is emitting similarly worrying signs.
This sad conclusion came out of the recent audit conducted by the Supreme Audit Agency into loans issued by Bank Mand
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