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Samples in periodicals archive:
Bank Indonesia has signed an agreement (the ASEAN Banking Integration Framework, ABIF) with Malaysia's central bank to support banking integration in the ASEAN region.
Kartika Wirjoatmodjo has been named as member of the board of commissioners by Bambang Yudhoyono, simultaneously, head of the Deposit Insurance Agency (LPS) coming after Mirza Addityaswarsa who has been promoted as a Bank Indonesia deputy governor.
Deputy Governor of Bank Indonesia (BI) Halim Alamsyah said the two sides are yet to make complete their documents to meet a number of new requirements such as related to additional information and new regulations including on holding.
In the second reshuffle this month, Bank Indonesia Deputy Governor Burhanuddin Abdullah, 53, was named the new coordinating minister for the economy, replacing Rizal Ramli, according to a presidential decree read out by Wahid spokesman Yahya Staquf.
Presently, Bank Indonesia deems a bank healthy if its capital adequacy ratio (CAR) is 4 per cent or higher -- so just enough bonds were issued to lift banks' CARs to 4 per cent.
Under the agreement and the new legislation, Bank Indonesia must end its banking supervisory function by Dec.
The program was developed in conjunction with the Badan Sertifikasi Manajement Risko (BSMR), Indonesia's Risk Management Certification body and Bank Indonesia (BI) the Central Bank.
Bank Indonesia governor, Agues Martowardojo, and his board raised the reference rate to 7.