More than 10 Indonesian banks found financially unhealthy
They do not meet the new financial health standards, says BI Governor Nasution.
OCBC Treasury Research noted:
BI Governor Nasution said that more than 10 Indonesian banks don’t meet the new financial health standards and suggested that the central bank will support some M&A actions among the banks.
Meanwhile, Nasution also commented that inflation may pick up slightly to 0.7% mom in July. BI Deputy Governor Alamsyah stated that Indonesia’s trade balance will improve in H2 and that the recent correction in the IDR is healthy.