A victim of bank liquidation
A victim of bank liquidation
From Pikiran Rakyat
Depositors with deposits amounting to a maximum of Rp 20 million have in general got their money back.
Things are not that simple, however. There are many other customers who still have dealings with the liquidated banks, such as those with house ownership loans or those with deposits amounting to over Rp 20 million.
I am one of these people.
The balance in my account is Rp 26 million and I have also taken a PRK loan amounting to Rp 30 million.
Mathematically, the problem is quite simple. I pay the difference between my loan and my deposit (= Rp 4 million) and I can get back my house ownership certificate, which was given to the bank as a collateral for my loan.
Unfortunately, things are not that simple!
* I must first settle my loan of Rp 30 million and only then can I get back a maximum of Rp 20 million out of my Rp 26 million deposit. As for the remaining Rp 6 million, I have to wait for an announcement some time in future. God knows when.
* What is more surprising to me is that the document I have given as a collateral for my loan cannot be returned to me. And one thing I really cannot understand is that the loan will continue to incur interest.
* In the meantime, my deposit in the bank is considered idle and so does not bear interest.
* What will happen if this matter continues unsettled for months or even years, like the case of the liquidated Summa Bank?
* Supposing that the interest rate is three percent per month, I will have spent all my deposit in the bank in the next three years just to pay the interest on the loan.
My questions are:
* Can a liquidated bank be justified in continuing taking interest from its former customers?
* I hope to get clear directives or stipulations/regulations from Bank Indonesia regarding this matter.
With respect to this matter, which I consider unfair, who else can I contact to alleviate my grievances?
It is my hope that the relevant parties, such as the Indonesian Bar Association (Ikadin), the police or Mr. Atang of Pikiran Rakyat, may come up with an explanation about this matter.
* Is it fair that I must pay interest on the loan, while my deposit, almost equal in amount and considered stagnant/inactive, cannot bear interest?
* I hope that Pak Mar'ie and Pak Sudrajat Djiwandono will issue stipulations and/or regulations, which will be impartial. These stipulations/regulations must not be like those arbitrarily and unfairly issued by certain officials of the liquidated banks.
* We are sure, Pak Mar'ie, that you will always be considerate to the fate of commoners and will continue to be like what you always have been (for example refusing to bailout maturing offshore loans).
I earnestly hope to get a proper explanation from relevant authorities.
SUGIARTO SUTANTO
Customer of Bank Industri
Kopo Permai Branch
A/C No. 023 0 00180 0
Bandung, West Java