Bank Indonesia (BI)
India pledges more liquidity
The Reserve Bank of India on Wednesday took further steps to shore up liquidity, judging that the global turmoil warranted action.
Asian central banks act on liquidity shortages
Signs of heightening liquidity tensions in Asia emerged on Tuesday, with the Reserve Bank of India adding Rs20,000 crore ($4.16 billion) to its banking system and Bank Indonesia implementing measures to ease stress in foreign-currency markets. Bank…
Indonesia pulls policy levers to curb inflation
Bank Indonesia combined its fourth-straight rate rise with exchange-rate and liquidity measures on Tuesday in a bid to tackle inflation, now in double digits.
Witnesses say BI official misappropriated funds
Former members of Bank Indonesia's board of governors have said that one of the senior former central bank officials facing graft charges did misuse public funds.
Bank Indonesia braced for rising prices
Analysts should not doubt the central bank's inflation-fighting credentials, says Budi Mulya, a deputy governor at Bank Indonesia.
Former Indonesian governor stands trial
Burhanuddin Abdullah, the former governor of Bank Indonesia who is facing corruption charges, appeared in court on Wednesday.
New governor proposed for Bank Indonesia
Boediono, Indonesia's chief economics minister, has been nominated for the top job at the country's central bank.
Indonesian governor questioned
Burhanuddin Abdullah, the governor of Bank Indonesia has been questioned over an alleged corruption case which the country's powerful Corruption Eradication Commission believes involves the central bank.
Two candidates for Indonesian governorship
Indonesia's president, Susilo Bambang Yudhoyono, has named two candidates to replace Burhanuddin Abdullah as governor of Bank Indonesia when his term of office ends in May.
Bank Indonesia gets two new deputy governors
The government of Indonesia has recommended Mulaiman Hadad and Budi Rochadi as new deputy governors of the country's central bank.
Indonesia deputy governor passes away
Budi Rochadi, the Indonesian central bank’s deputy governor in charge of the banking payment system, passes away in New York
Bank Indonesia and government resolve disagreement
Bank Indonesia has resolved a long-standing dispute with its government, according to Dow Jones. The problem concerned the aftermath of the Asian financial crisis over how to account for the emergency funding. The resolution should see the government's…
BIS Board invites new member central banks to join
The Bank for International Settlements (BIS) Board has invited six central banks to BIS membership and appointed Hans Tietmeyer as Vice-Chairman of the Board of Directors of the BIS, 30 June.
Croatian, Indonesian central banks sign agreement
CROATIA - The HINA news agency in Zagreb reported on Monday that an agreement on understanding and cooperation between the Croatian and Indonesian central banks was signed at the Croatian National Bank on Monday during the visit of a delegation of Bank…
Bank Indonesia Press Release
PRESS RELEASE - Bank Indonesia management and staff rejoice at Jakarta High Court acquittal of Governor of Bank Indonesia, 30 August.
Indonesia's central bank chief cleared of charges
INDONESIA - In an unexpected move, the Jakarta High Court acquitted Bank Indonesia Governor Sjahril Sabirin of all charges in connection with his involvement in the 1999 Bank Bali scandal, overturning the decision of the Central Jakarta District Court to…
Breather won by Bank Indonesia on $1.3bn loans
INDONESIA - Bank Indonesia has reached a rescheduling agreement with the London Club of commercial creditors to extend the repayment period of loans worth around $300 million to 17.5 years, while other loans worth $1 billion will be extended for 10…
Convicted BI chief to miss IMF meeting
INDONESIA - Bank Indonesia Governor Sjahril Sabirin will skip the annual meeting of the International Monetary Fund (IMF) in Washington this weekend, following the conviction in the Bank Bali scandal last month that bans him from leaving the country.
Sabirin verdict - Bank Indonesia suspect foul play
FEATURE - Sjahril Sabirin, the governor of Bank Indonesia, has been accused of corrupt practices; Bank Indonesia is suggesting that the courts are guilty of the same crime. The bank alleges that underhand methods are being used to ensure its governor's…
IMF supports Indonesian plan for independent team
INDONESIA - Finance Minister Boediono said that the International Monetary Fund (IMF) has lent its support to plans to create an independent team to determine the burden-sharing for the controversial Bank Indonesia emergency loan (BLBI).
Govt plans supervisory board for Bank Indonesia
INDONESIA - The government plans to set up a supervisory board within Bank Indonesia as one of several measures under the new central bank bill to increase its accountability.
Sjahril's verdict on 6 March
INDONESIA - The Central Jakarta District Court is scheduled to present its verdict on Bank Indonesia Governor Sjahril Sabirin on 6 March.
Government seeks new amendment on BI law
INDONESIA - The government has resumed talks with legislators on the long suspended amendment of the central bank law, expanding the scope of discussion from Bank Indonesia's accountability to the entire law if need be, a legislator said.
Bank Indonesia hopes to sell subsidiary in Holland
INDONESIA - Bank Indonesia said six prospective investors have shown an interest in purchasing its wholly-owned subsidiary, Indover Bank in the Netherlands.