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View all search resultsAs brutal violence replaces petty theft in Bali’s headlines, the island faces a reckoning over public safety. With international travel advisories mounting, provincial leaders must decide if they will protect their guests or continue to deflect responsibility.
The Financial Services Authority (OJK) has urged banks classified in core capital bank group (KBMI) 1, or banks with up to Rp 6 trillion (US$355 million) in capital, to strengthen their capital position or consolidate with other banks, as part of its longer-term aim to eliminate the KBMI 1 classification altogether. The policy aims to enhance banks’ capacity, performance and service quality and enable them to scale up while maintaining operational security and efficiency.
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