{
    "success": true,
    "data": {
        "id": 1423575,
        "msgid": "bank-bira-in-category-b-1447893297",
        "date": "1999-02-11 00:00:00",
        "title": "Bank Bira in category B",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Bank Bira in category B JAKARTA (JP): Publicly listed Bank Bira has announced its listing in the \"B category\" by Bank Indonesia, making it eligible to join the government's recapitalization program. \"Bank Bira is currently working on a business plan for the recapitalization program,\" the bank said in a statement. The government requires all of the country's commercial banks to have minimum CAR levels of 4 percent by the end of March this year.",
        "content": "<p>Bank Bira in category B<\/p>\n<p>JAKARTA (JP): Publicly listed Bank Bira has announced its<br>\nlisting in the \"B category\" by Bank Indonesia, making it eligible<br>\nto join the government's recapitalization program.<\/p>\n<p>\"Bank Bira is currently working on a business plan for the<br>\nrecapitalization program,\" the bank said in a statement.<\/p>\n<p>The government requires all of the country's commercial banks<br>\nto have minimum CAR levels of 4 percent by the end of March this<br>\nyear. CAR is the ratio between risk-weighted assets and equity<br>\ncapital.<\/p>\n<p>Under the central bank's plan, banks with CAR above 4 percent<br>\nare listed in the A category, meaning they are exempt from the<br>\nrecapitalization program.<\/p>\n<p>Banks with CAR of between less than 4 percent and minus 25<br>\npercent fit the B category, allowing them to take part in the<br>\nrecapitalization in which  80 percent of the funds needed to meet<br>\nthe minimum CAR level. Institutions with CAR less then minus 25<br>\npercent, listed in the \"C\" category, may face liquidation if<br>\ntheir owners are unable to upgrade their status. (aly)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bank-bira-in-category-b-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}