BI to support Indover Bank worth Rp 7 trillion

The Kompas Daily-October 24, 2008 The meeting between Bank Indonesia and Commission IX House of Representatives decided yesterday to support Indover Bank by injecting fund worth Rp. 7 trillion. “Indover would be very reasonable to be divested. We would provide the fund that taken from BI’s supernumerary fund. The divestment result, we expect could substitute the fund that we have used in these rescuing efforts,” Boediono, Governor of BI said.