Indover crisis could hit RI credit ratings

The Jakarta Post Daily-October 23, 2008 Although having less direct impact on the country’s financial sector, the possible collapse of Netherlands-based Indover Bank may affect negatively to the country’s sovereign and financial institution ratings. But the lawmakers are reluctant to provide any recommendation solving this problem. They think that cash injection to Indover would be too risky since it might never be fully recovered in the future.