ibra

Indonesia''s great bank sell off draws towards a close.

The Indonesian Supreme Audit Agency has estimated that it will take two years to complete its upcoming audit of IBRA.

IBRA deputy chairmen Jerry Ng and Mahmuddin Yasin have announced their intention to resign, although Indonesia''s Finance Minister insisted that Mahmuddin should stay.

The Indonesian Bank Restructuring Agency and Holdiko, a holding company it created to dispose of the Salim companies, sold their stake in Salim-connect, Hong Kong-based First Pacific.

Indonesian bank restructuring agency makes final decision on Indomart.

At a roadshow in Hong Kong the Indonesian Bank Restructuring Agency outlines the many challenges it faces.

The Indonesian Bank Restructuring Agency (IBRA) has announced plans to sell three Salim Group subsidiaries through initial public offerings (IPO) by the end of this year.

The Indonesian government sold a portion of its holdings in First Pacific, raising $52 million to help meet its budget requirements.

Recent announcements from Indonesia show that behind the negative images of political and sectarian fighting, real efforts at resolving the countryÆs financial problems are taking place.