What Made Indonesian Banking Strong When Global Banks Failed

Jakarta, Armfalcon.com- Head of Research & Development at Perbanas, Aviliani, said strengthening supervision of the Indonesian banking system due to the 1998 and 2008 crises was the key to the resilience of the Indonesian banking system to suppress the effects of the current collapse of global banks.

The government and authorities through the Financial System Stability Committee (KSSK) are considered strong enough to overcome and anticipate various problems in the Indonesian banking industry. However, the spillover effect of global bank cases must still be anticipated.

What is the impact and strength of Indonesian banking in facing global bank shocks? For details, see Safrina Nasution’s dialogue with the Head of the Perbanas Study & Development Division, Aviliani at the Power Lunch,CNBCIndonesia (Tuesday, 21/03/2023)