Prudence, Please - Opinion - magz.tempo.co

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Prudence, Please

Tuesday, April 28, 2009

Many small banks are experiencing liquidity crises. Bank Indonesia needs to be more resolute when handling them.

. tempo : 173228337049.

AFTER closing down Bank IFI, senior Bank Indonesia (BI) officials need to roll their sleeves up. The central bank must know that the bank owned by businessman Bambang N. Rachmadi and many other small banks are going through liquidity crises. This situation has the potential to damage the health of the Indonesian banking system, currently reeling from the effects of the global economic crisis. Extra prudence is called for in monitoring the health

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