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.

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