{
    "success": true,
    "data": {
        "id": 1446087,
        "msgid": "bank-universal-puts-up-capital-1447893297",
        "date": "1999-04-22 00:00:00",
        "title": "Bank Universal puts up capital",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Bank Universal puts up capital JAKARTA (JP): Bank Universal announced on Wednesday that its majority shareholders, PT Astra International, has transferred Rp 477 billion (US$54.8 million) to the escrow account for the government-sponsored bank recapitalization program. Universal's president Stephen Z.Satyahadi said the transfer represented 20 percent of the total fund needed by the bank to achieve the minimum capital adequacy ratio of 4 percent, as required by Bank Indonesia.",
        "content": "<p>Bank Universal puts up capital<\/p>\n<p>JAKARTA (JP): Bank Universal announced on Wednesday that its<br>\nmajority shareholders, PT Astra International, has transferred Rp<br>\n477 billion (US$54.8 million) to the escrow account for the<br>\ngovernment-sponsored bank recapitalization program.<\/p>\n<p>Universal's president Stephen Z.Satyahadi said the transfer<br>\nrepresented 20 percent of the total fund needed by the bank to<br>\nachieve the minimum capital adequacy ratio of 4 percent, as<br>\nrequired by Bank Indonesia.<\/p>\n<p>Publicly-listed Bank Universal was one of the nine private<br>\nbanks which signed recapitalization agreements with the finance<br>\nministry and Bank Indonesia (central bank) last Thursday. Under<br>\nthe agreements, the government pledges to put up 80 percent of<br>\nthe recapitalization requirement of the banks.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bank-universal-puts-up-capital-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}