The Worrying Banking Industry
Tuesday, February 28, 2006
The number of NPLs in Indonesian banks is on the increase again. But a hurried solution would only render it vulnerable like a house of cards.
arsip tempo : 172849426951.
THE banking world in Indonesia refuses to learn from the 1997 financial crisis. This can be seen from the growing number of non-performing loans (NPLs) last year. In March 2005, the NPLs stood at 5.6 percent, but six months later the figure grew to 8.5 percent. Banking in Indonesia was facing the same old problem of nine years ago.
This worrying condition was stated by Bank Indonesia Deputy Governor, Siti Fadjrijah, when she met the House Commissi
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More
