Virus Ravages Indonesia Bank’s Clients Who Survived Asian Crisis
- Bank Rakyat sees spurt in bad loans as small businesses hurt
- Net interest margin seen eroding on loan restructuring: CFO
Social distancing markers are displayed on seating at the Gambir railway station in Jakarta on May 13.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
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The worst crisis in more than two decades among Indonesia’s smaller companies will boost loan losses and curtail profit at the nation’s largest lender, according to PT Bank Rakyat Indonesia Finance Director Haru Koesmahargyo.