RI Banking Ammunition Counteracts Bank Bankruptcy Effects in the US

Jakarta, Armfalcon.com- In the midst of global banking shocks, the Financial Services Authority (OJK) encouraged the banking sector to strengthen risk management and prudence through “stress tests” to test resilience as well as monitor capital and asset portfolios.

Senior Economist, Anny Ratnawati mentioned 4 reasons for the bankruptcy of a number of banks in the US and Europe, starting from neglect of risk management, the phenomenon of The Fed’s panic and regulators. For Indonesian banks, the issue of bank collapse in the US will not have such an impact, supported by strong risk management from the authorities.

What is the impact of the global banking shock on domestic banking? And what are the capitals of the Indonesian banking industry in facing this turmoil? For details, see Syarifah Rahma’s dialogue with Senior Economist & Deputy Minister of Finance (2010-2014) Anny Ratnawati at the Power Lunch,CNBCIndonesia (Tuesday, 28/03/2023)

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source: www.cnbcindonesia.com

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