State banks welcome equal treatment with private competitors
The Jakarta Post
Executives of state-owned banks have welcomed the recent Constitutional Court ruling that officially lifted a legally binding clause that forbade them to give credit haircut, a financial mechanism previously only enjoyed by privately-owned banks.
The ruling declares that state-owned banks will now be able to restructure or sell their non-performing loans, which means troubled consumers woul...
- Indonesia ready for Freeport tribunal
- Millenials ask Jokowi questions, their way
- Indonesia's tough stance causes headache for tuna exporters
- Crystal meth from Malaysia seized in Riau Islands
- Ministry to scrap expiry date for SIUP, TDP
- Hizbut Tahrir rejects rules on Friday sermons
- Indonesian coconut enjoys sweet spot in Hungary
- Lotte Chemical to kick off Cilegon project in 2018
- BNN shoots dead drug trafficker in Medan
- Six essential tips for frequent business travelers