Indonesian Political, Business & Finance News

* April: Bank Indonesia detects irregularities at Bank Global (BG)<br>

* April: Bank Indonesia detects irregularities at Bank Global (BG)
September: BG announces Q3 financial reports, claiming a CAR of 44.84%
* Oct. 27: BI places BG under special surveillance for six months over indications that its CAR had fallen to below 8%
* Dec. 3: The Jakarta Stock Exchange (JSX) questions BG management over the bank's performance
* Dec. 6: BI inspectors are sent to conduct close supervision of the bank; BG management refuses to allow them access to files and several directors
* Dec. 9: JSX suspends trading in BG shares in early session, at which time they stood at Rp 340 per share
* Dec. 12: BG management attempts to destroy key documents that would indicate banking crimes
* Dec. 13: BI announces temporary, one-month suspension of BG operations, citing continued deterioration of financial health

View JSON | Print