Indonesia: banks seem in worse shape than expected
Article Abstract:
Indonesian banks would require more than the $20 billion initial estimate of banking analysts needed to restructure the country's banking system. International accountants called in by the Indonesian Bank Restructuring Agency (IBRA) to look into the state of the banks have uncovered substantial loan repurchase agreements, known as repos, and high-risk foreign-exchange contracts revealing banks to be in worse conditions than expected. IBRA's options in restructuring the banks include liquidating a bank by paying off depositors and selling assets such as loans. Or injecting sufficient capital to get back the bank on its feet before selling it.
Comment:
Indonesia: Banks would require more than the $20 bil initially estimated by analysts needed to restructure the banking system
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Steps along Indonesia's justice trail
Article Abstract:
Several quick-fixes for the Indonesian legal system are outlined, like the use of distinguished citizens as judges in cases exceeding $1 million and in cases concerning foreign parties. Other ideas include recognizing and enforcing some foreign laws, and publishing the results of cases.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Playing the Islamist card in Indonesia
Article Abstract:
The majority of Muslims in Southeast Asia are unequivocally moderate in their political outlook. Many Indonesian Muslims tend to a more extremist outlook. The article details the perspective of Indonesian Muslims.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Dog does not bark: racial unrest. More bark than bite: German monetary policy. When dogs don't bark
- Abstracts: Beneath the veneer of that exquisite 'Georgian' jardinere. Standing up to disaster. Buildings may be lost in the murk but every cloud has a silver lining
- Abstracts: Should Asia be copied? Asia's powerful upstarts
- Abstracts: Denmark: Ikea to invest DKr100mn in expansion. Denmark: Falck adds to bus fleet. DENMARK: POULTRY SLAUGHTER-HOUSE INVESTMENT
- Abstracts: Overcome by buyer's euphoria. From deal to delivery: new research shows that companies are still not realising the expected gains from mergers and acquisitions