Dangers Restructuring
Tuesday, May 19, 2020
Any relief on debt payments must prioritize the principle of caution. There must be a cordon to keep out thieves.
arsip tempo : 1713513653100.
THE restructuring of loans held by debtors affected by Covid-19 must be protected from stowaways. The Financial Services Authority (OJK) must learn from the banking restructuring following the 1998 crisis. This crisis led to the closure of almost a hundred banks in a period of only two years. Hundreds of debtors still have huge loans outstanding, and only a few of them have gone bankrupt. Hardly any small-scale debtors were affected by the crisis
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