Indonesian Political, Business & Finance News

IBRA's request posses dilemma

| Source: BI

IBRA's request posses dilemma

The request of the Indonesian Bank Restructuring Agency (IBRA) to Indonesian banks to absorb the agency's employees poses a dilemma.

On the one hand, IBRA is trying to protect its employees from losing their jobs as the agency's existence expires in February 2004. On the other, the entry of 2,500 IBRA employees to a number of banks might also create "unrest" among the banks' employees.

It does not mean that IBRA's employees cannot work in banks but they have to undergo the prevailing procedures for recruiting bank employees.

IBRA's task to restructure banks is nearing its end, but as a whole, the agency has yet to show the expected work performance because bank scandals, such as those involving the state banks BNI and BRI, continue to break out.

In this context, IBRA is obliged to ascertain that the banks' recruitment system is not influenced by the agency's request for them to absorb IBRA employees.

-- Bisnis Indonesia, Jakarta

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