BI working to improve bank supervision procedures

Thursday, December 3rd, 2009

Bank Indonesia is working to improve its standard operation procedures for bank supervision to make it more responsive and quicker, the bank`s acting chief, Darmin Nasution, said here on Wednesday. "We are still working to improve the SOP for bank supervision to make it more responsive," the central bank`s senior deputy ...

BI Freeze BPR Syariah in Garut

Tuesday, May 5th, 2009

BI Freeze BPR Syariah in Garut Jakarta - Bank Indonesia Bandung liquidate Perkreditan Bank Rakyat Syariah (BPRS) in Garut Babussalam since 1 May 2009. This had to be freezing BPRS Babussalam because it violates principles of circumspection in the performance. "Management Babussalam BPRS is not able to manage the bank well. Weakness ...