INDONESIA - REGULATIONS - BI Introduces New License Scheme to Keep Banks Healthy

www.thejakartaglobe.com - Banks in Indonesia will need to gain new licenses as they seek to expand
their operations as part of a central bank move to ensure the nation’s
financial players remain healthy and well-capitalized. The
multiple-license system will replace the existing practice of banks
requiring just a single license, after which they have widespread
freedom in conducting their