A Strange Scheme

THERE are many ways to save banks that are in trouble. During the 1998 crisis, the government established the Indonesian Bank Recovery Agency. Then, 10 years later, Bank Indonesia applied the protocol for dealing with problematic banks in the Bank Century case with the support of the Financial Sector Stability Committee.

With the Covid-19 pandemic ravaging so many companies, from large to small, the government is trying a different method. This

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