1. Banco Bamerindus, the flagship of the Bamerindus financial group, had to request liquidity assistance on a frequent basis, the central bank said. 2. Even though many banks are in the red, they have not faltered because they receive liquidity assistance from Bank Indonesia. 3. Speaking after more than eight hours of questioning, Hasan asserted his readiness to repay the liquidity assistance received by his Bank Umum Nasional. 4. The government said solvent banks that lack liquidity will receive liquidity assistance from Bank Indonesia, while insolvent banks are expected to merge with other banks. 5. Under a CBS, the central bank, is not allowed to provide liquidity assistance to the banks, even temporarily. 6. Under the old fixed exchange rate system, Bank Indonesia has the right to manage and control the money supply and to provide liquidity assistance to commercial banks. 7. It was the first time an accord to enhance liquidity and liquidity assistance in emergencies had been struck in Asia, the newspaper said. |