{
    "success": true,
    "data": {
        "id": 1424294,
        "msgid": "dharmala-seeks-new-partners-1447893297",
        "date": "1999-02-12 00:00:00",
        "title": "Dharmala seeks new partners",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Dharmala seeks new partners JAKARTA (JP): Bank Dharmala is seeking foreign investors to help fund its recapitalization program, the bank said on Thursday. \"The bank has appointed Hong Kong Shanghai Bank Corporation as its financial advisor whose task is to negotiate with prospective investors,\" Dharmala president Suhanda Wiraatmadja said in a statement. Banks with a CAR level between 4 percent and minus 25 percent are eligible for the government's recapitalization program.",
        "content": "<p>Dharmala seeks new partners<\/p>\n<p>JAKARTA (JP): Bank Dharmala is seeking foreign investors to<br>\nhelp fund its recapitalization program, the bank said on<br>\nThursday.<\/p>\n<p>\"The bank has appointed Hong Kong Shanghai Bank Corporation as<br>\nits financial advisor whose task is to negotiate with prospective<br>\ninvestors,\" Dharmala president Suhanda Wiraatmadja said in a<br>\nstatement.<\/p>\n<p>Banks with a CAR level between 4 percent and minus 25 percent<br>\nare eligible for the government's recapitalization program.<\/p>\n<p>CAR is the ratio between equity and risk-weighted assets.<\/p>\n<p>In the recapitalization program, the bank's owners are<br>\nrequired to make available 20 percent of the recapitalization<br>\nfunds needed. The government will cover the remainder through<br>\nbond issuance. (02)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/dharmala-seeks-new-partners-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}