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Government No Longer Puts Funds in State-Owned Banks

By administrator | August 7, 2021 | Investment.
Illustration: Government No Longer Puts Funds in State-Owned Banks

Deputy Minister of Finance Suahasil Nazara said the government would no longer place funds in banks that are members of the Association of State-Owned Banks (Himbara), aka state-owned banks. However, the government still places funds in regional development banks (BPD).

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