Monday, February 21, 2011

BI increase capital requirement

Indonesia's central bank (Bank Indonesia) plans to upsize minimum capital requirement for commercial bank minimum at level IDR125 billion.
Bank Indonesia is in intensive discussions about the minimum-capital requirement and ownership rules for commercial banks.
Indonesia's commercial banks have been required to have minimum capital of IDR100 billion since Jan. 1 this year. Bank Indonesia in 2006 announced rules to prevent entities from owning controlling stakes in more than one commercial lender by 2010.

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