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FOUR INDONESIAN BANKS HAVE CAPITAL ADEQUACY RATIO BELOW LIMIT.
JAKARTA, Feb 1 Asia Pulse - There are four Indonesian banks having capital adequacy ratio (CAR) below the minimum limit of 4 per cent for this year, a senior official of Bank Indonesia, said
Director for Supervision Siti Fajriah said the four banks are now under the supervision of a Special Surveillance Unit (SSU).
Siti said that the four banks, all small banks with capital below Rp500 billion (US$53 million), could still be saved from the possibility of liquidation as investors have agreed to acquire their shares.
...
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