Indonesia banking sector

The Rise of Indonesia’s Banks

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The Rise of Indonesia’s Banks

In the late 1990s, during the Asian Financial Crisis, the Indonesian banking sector essentially collapsed. The crash of the rupiah pulled back the curtain and revealed that the balance sheets of many banks were stuffed with bad loans. Many of them went under, or had to be rescued and recapitalized by the government. Four such … Read more

Why Weakness in US Banking is Unlikely to Spread to Indonesia

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Why Weakness in US Banking is Unlikely to Spread to Indonesia

Advertisement Recent turmoil in American and European banks might have some people wondering about the health of banks here in Southeast Asia. Is the closure of Silicon Valley Bank in the United States likely to spill over and touch of a banking crisis in this region? It seems unlikely. In fact, while American regulators were … Read more