{
    "success": true,
    "data": {
        "id": 1431890,
        "msgid": "bira-joins-govts-plan-1447893297",
        "date": "1999-01-16 00:00:00",
        "title": "Bira joins govt's plan",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Bira joins govt's plan JAKARTA (JP): Publicly-listed Bank Bira, currently under the control of the Indonesian Bank Restructuring Agency, has confirmed that it would participate in the government's recapitalization program. The bank said earlier this week that owners and directors had agreed to meet the central bank's requirements in order to qualify for the recapitalization program.",
        "content": "<p>Bira joins govt's plan<\/p>\n<p>JAKARTA (JP): Publicly-listed Bank Bira, currently under the<br>\ncontrol of the Indonesian Bank Restructuring Agency, has<br>\nconfirmed that it would participate in the government's<br>\nrecapitalization program.<\/p>\n<p>The bank said earlier this week that owners and directors had<br>\nagreed to meet the central bank's requirements in order to<br>\nqualify for the recapitalization program.<\/p>\n<p>\"We are pleased with the results of the due diligence report,<br>\nand the \"B\" categorization is a sign of our commitment to our<br>\nshareholders and depositors alike,\" Bank Bira president's said.<\/p>\n<p>Banks in the \"B\" category have a capital adequacy ratio of<br>\nbetween 4 percent and minus 25 percent.<\/p>\n<p>The bank, however, did not specify the exact ratio of its<br>\ncapital to its assets.<\/p>\n<p>The bank is due to submit its business plan to Bank Indonesia<br>\nby Feb. 12. Upon the approval of the business plan, the bank will<br>\nsign a stand-by purchase agreement with the government to begin<br>\nthe recapitalization program. (02)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bira-joins-govts-plan-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}