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The truth about Asian investment banking

The truth about Asian investment banking

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Skip Navigation LinksHome :: Back Issues :: Delinquent debtors in Indonesia: Pay up or we’ll print

July 2006

Delinquent debtors in Indonesia: Pay up or we’ll print

All banks have to deal with non-performing loans (NPLs) and delinquent debtors. In Indonesia, a market with weak bankruptcy laws, rampant corruption and family-controlled corporations, the problem is serious.


So serious in fact that the head of the country’s largest bank by assets, Bank Mandiri, has taken a highly controversial route to get his bank’s money back. In June, Agus Martowardojo,...


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