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Bank Indonesia (BI)

Bank Aspac misallocated BLBI funds

Two Bank Indonesia officials said on Thursday that former Bank Aspac director Hendrawan Haryono had misallocated Rp 583 billion (US$61.4 million) out of the Rp 1.5 trillion Government Liquidity Support Funds (BLBI) it had received from the central bank.

Bank Indonesia debt to government is 24.5bn rupiah

Deputy governor of Bank Indonesia Ahjar Iljas said the central bank has issued a promissory note valued at Rp24.5 trillion ($2.7 billion) in a bid to settle the controversy over Bank Indonesia Liquidity Support (BLBI).

Bk Indonesia to adopt risk-based bank supervision

Bank Indonesia will gradually shift its banking supervision system from the current compliance-based mechanism to include the internationally practiced risk-based system starting next year, according to a senior official at the central bank.

Whither Bank Indonesia?

Should Bank Indonesia be re-capitalised like its neighbour in the Philippines to prevent the Indonesian economy sliding further into desperation? An article by newspaper Asia Pulse.

Indonesia Ramli welcomes back Syahril Sabirin

Indonesian coordinating minister for economic affairs Rizal Ramli welcomed Wednesday the release of the country's central bank governor Syahril Sabirin from his house arrest status, hoping that no changes would be made in term of monetary policies.

Indonesia c.bank sees firmer rupiah early in 2001

Indonesia's central bank on Thursday said it was confident the rupiah would strengthen to 8,000-8,500 against the dollar by early next year, but added the bank would continue to prop up the currency if necessary.

IMF concerns over Indonesia's slow pace of reform

The Indonesian rupiah ended lower in Asian trade Wednesday on news that the International Monetary Fund has set a December deadline for Jakarta to show it's serious about economic reform.

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