To ensure the bank stayed sound and sustainable, Bank Mandiri formed a special asset management unit for the rapid, focused and complete resolution of non-performing loans.
The agreement to establish a task force was made by the finance ministers of the IDB member countries at a spring meeting in Washington DC, USA, in mid-April.
"When there is a huge inflow of repatriated funds, we will immediately respond in the form of instruments, both new and existing, and will manage their liquidity."
After living as a fugitive for 13 years, Samadikun Hartono, who was found guilty of embezzling Bank Indonesia Liquidity Assistance (BLBI) funds, was finally arrested in Shanghai, China.
Dumoli added that because the key aspects of an SME startup are creativity and human resources, it would be unfair to set a cap on the amount of capital.
Going forward, BNI plans to provide a larger and longer term loan of IDR 10 trillion to Semen Indonesia. According to Herty, the loan will be used to finance the construction of new cement plants.
The coordinating meeting will form a joint team comprising several ministries and institutions to deal with and follow up on the Panama Papers.