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Ali Budiardjo, Nugroho, Reksodiputro - Counsellors at Law
10/30/2008 5:43 AM
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Indonesia's Response to the Global Financial Crisis

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Indonesia's Response to the Global Financial Crisis

In response to the global financial crisis, the Government of Indonesia has issued several regulations with respect to :

  • Short-Term Funding Facilities
  • Changes in Saving Values
  • Increases in Guaranteed Saving Values
  • Financial System Safety Net
  • Extension of Foreign Exchange (FX) Swap Tenors
  • Foreign Currency Reserves
  • Statutory Reserves in Sharia Commercial Banks
  • Bank Offshore Borrowings
  • Statutory Reserves in Commercial Banks, and Buybacks

Attached are the summaries of regulations.

 

Source:

ALI BUDIARDJO, NUGROHO, REKSODIPUTRO
Counsellors at Law

Graha Niaga, 24th Floor
Jalan Jenderal Sudirman Kav. 58
Jakarta 12190, Indonesia
Telephone : (62-21) 2505125, 2505136
Telefax : (62-21) 2505001, 2505121, 2505122, 2505392
E-mail : info@abnrlaw.com
Website : www.abnrlaw.com

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Tel : (62-21) 2505125, 2505136 ;  Fax : (62-21) 2505001, 2505121, 2505122, 2505392 ;  E-mail : info@abnrlaw.com ;  Website : www.abnrlaw.com
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