Indonesian Political, Business & Finance News

The bank scandal in Medan was the third after two other bank

The bank scandal in Medan was the third after two other bank scandals that rocked Bank BNI. Last year, the state-owned Bank BNI lost Rp 1.7 trillion (US$200 million) due to fraud that involved its employees.

Another smaller scandal hit the bank early this year, involved a BNI branch in Magelang, Central Java, which cost the bank Rp 24 billion (US$2.8 million).

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