Friday, October 24, 2008

To rescue Indover needs Rp 7 trillion

The Investor Daily-October 23, 2008 The management Indover Bank reported yesterday that the bank had to pay the long-term debt worth US$67.5 million and EUR 18 million per October 6, 2008. The central bank and the lawmakers had met yesterday to discuss the solution, but there was no conclusion in the end of the meeting. Hence, they decided to continue the meeting on Thursday. The meeting calculated that as much as Rp. 7 trillion was needed to rescue Indover.

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