Banking sector's competitiveness

Banking sector's competitiveness

From Merdeka

To enhance the banking sectors' competitiveness we should take into account the following strategy.

Only two banks are needed: one with a major orientation on cooperatives and the other dealing with retailers and middle- scale businesses. The existing network should be maintained.

Rationalization should be kept at a minimum and carried out gradually, to effect all regional branch offices. And last but not least, the need to maintain professionalism. It is also not necessary to burden the director with the task of approving credit.

HM SUHARTO

Jakarta