<< Back to Archive Index 2000
March 2000
31 March - Niaga Bank to manage Rp 100 Trillion of IBRA's assets
  - Marubeni reject IBRA's suggestion on Chandra Asri's debt
30 March - IBRA submit Rp 19.61 Trillion to National Budget
  - IBRA's cash income reach Rp 15 Trillion
29 March - IBRA replaces deputy chairman Eko Budianto
  - IBRA to issue bonds to bail out ailing companies
  - Cacuk: Eko was replaced because he is Slow
  - Bakrie relinquished Bumi Modern to IBRA
  - IBRA insisted that Rp 17 Trillion sum not necessarily Cash
28 March - Astra sale puts IBRA under spotlight: Sri
  - IBRA should settle the bad debts of SME
  - Texmaco's Debt Restructuring yet to be final
  - IBRA, an arrogant salesman?
  - Subsidiary of Texmaco yet to Received Explanation
  - IBRA's Deputy Replaced
  - Finance Minister understands that IBRA will not reach its Rp 17 Trillion Target
  - Bakrie & IBRA negotiate debts
27 March - Investors feeling blue in letdown from Astra deal
  - IBRA should explain the reason behind Newbridge's withdrawal
25 March - BI: Bank's CAR enrolled in IBRA stays below 4%
24 March - Two groups submit bid for IBRA's Astra stake
  - IBRA will open Housing Credit Center
  - Consortium C&C Win the Astra Bid
23 March - Investors to file sealed bids for IBRA's 45% stake in Astra
  - Marubeni approves Chandra Asri's restructurization plan
  - The Winner of Astra tender will not be based on price
  - 'IBRA needs Audit Committee to maintain transparancy'
  - Mar'ie: MSAA can be re-evaluated
  - Highest bidder not necessarily the Winner
22 March - IBRA strives to boost legal power
  - Texmaco becomes "State Owned Enterprise"
  - IBRA has handled only 48 multifinance
  - IBRA recommends discontinuing surveillance on 137 bankers
  - Robby Djohan: Bank Mandiri never suffered loss
  - IBRA will not get in the way of MSAA Revision Implementation
  - Five firms in debt dissapeared from IBRA
20 March - Newbridge Consortium confident their presence in Astra is Favorable
  - IBRA's APBN (National Budget) Pay In should be Cash
  - 'Texmaco credits should refer to asset valuation'
18 March - Kwik demands IBRA provide government with cash
  - IBRA guarantees new L/C for Texmaco
17 March - BI changes rules for banks to enter IBRA
  - Big Debtors not serious, IBRA returns small debtors guarantee
15 March - Bank Mandiri insist to transfer assets to IBRA
  - Recapitalization of several banks re-evaluated
  - IBRA took over Salim's Stocks in Batam and Bintan
14 March - Tirtamas granted six months to settle debts
  - Bank Mandiri told to transfer bad loans
  - BNI: Texmaco handed to IBRA
  - Uncertain, fate of Rp 14 Trillion Bad Loans at Bank Mandiri
  - IBRA failed to declare Tirtamas Comexindo bancrupt
  - BNI Returned to BI
13 March - IBRA: Marubeni tries to extend time
  - BNI changed to BDP, bad debts transfer realized
  - Cacuk: BCA should join tender to acquire AMK's assets
  - Restructurization of IBRA's 19 Debitors will soon be complete
  - BNI Officially Declared Unfit In Order To Solve Bad Credits
10 March - IBRA set to put 20 firms on the market this year
  - Texmaco's Transfer Investigated
  - Restructurization of 144 Debitors
  - Bank customer's from Bank Danamon's merger is guaranteed
  - Four banks criminal cases continued
  - IBRA's receipt surpases target
  - Trade courts not honored by IBRA
9 March - BNI has relinquished Texmaco to IBRA
  - Uncertain, IBRA's policy on Developers' Debts
  - Assessing the Battle for IBRA's Good Standing Credits
  - Owners of Istimarat, Pelita & Centris required to sign Debt Acknowledgement Letter (DAL)
8 March - IBRA to begin selling bank offices in April
  - WB questions Djoko decision
  - IBRA auctioned assets of BBO and BBKU for Rp 29,5 trillion
  - Selling of Humpuss needs arbitrator
  - Recapitalization funds of Bank Bali at Rp 4,7 trillion
  - Next week IBRA will declare Comexindo Tirtamas as bankrupt
  - BNI still defends Texmaco's Bad Debts
  - IBRA ready to auction property assets of Non-Operating Banks
7 March - IBRA to propose Appeal
  - IBRA Performace review by Deni Daruri (President of Center for Banking Crisis)
  - IBRA to transfer Free Credit to BCA
6 March - IBRA to sell nine firms in 2000 to raise $ 2.5 billion
  - IBRA lost, EGP demands Rp 546 billion again
  - IBRA to sell 9-10 firms during Fiscal Year 2000
  - 'IBRA should not hasten to sell strategic assets'
3 March - Debt is Loaded with Peter Sondahk's Personal Guarantees
2 March - 'BMPK' obstruct IBRA's Credit Shift
  - Minister wants IBRA to coordinate sales program
  - IBRA ask third parties to manage debitors' debts
1 March - New ruling allows IBRA to provide debt reduction
  - IBRA denies to sell BCA assets to BCA
  - IBRA capable of providing debt reduction
  - IBRA can reach Rp 22.5 trillion target
  - Analyst doubts restart of Timor Project
  - IMF sets deadline for IBRA
   
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