Bank agency weighs options
Article Abstract:
The Indonesian Bank Restructuring Agency (IBRA) is preparing to dispose of assets that it obtained from banks that received funds from the country's massive bank bailout. IBRA, which is believed to control around $10 billion in corporate assets, is expected to begin sales of its bank holdings in Mar 2000 when conditions are expected to be ideal. Among the assets it may sell are Holdiko Perkasa, Bentala Kartika Abadi, Tunas Sepadan Investama, Cakrawala Gita Pritama and Kiani Wirudha.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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It may be time to cash in small colony bank shares
Article Abstract:
The impending deregulation and disclosure measures by Hong Kong's central bank are expected to spur investors' interest in smaller bank stocks. Although the shares of several Hong Kong smaller banks were traded at earning ratios lower than the market average, they were buoyed by healthy earnings growth and greater financial disclosure under 1994 rules. Investors are worried about the adverse effects of further deregulation of deposit interest rates by the central bank.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Cooling off property markets: authorities around Asia step in to try to prevent a meltdown
Article Abstract:
Authorities in some Southeast Asian countries are planning to limit property lending, causing nervousness on investors in Asia's property industry. Authorities in Hong Kong, the Philippines, Singapore, Malaysia and Indonesia have persuaded or plan to persuade banks from lending too much on real estate projects, reflecting efforts to avoid a crisis similar to the one in Thailand that resulted in property oversupply.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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