Bank Central Asia: Indonesia's Historic Bank 🏦

Founded in 1955, Bank Central Asia is a major Indonesian bank impacted by the 1997 Asian financial crisis.

Bank Central Asia: Indonesia's Historic Bank 🏦
Audiopedia
211 views • Dec 30, 2015
Bank Central Asia: Indonesia's Historic Bank 🏦

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Bank Central Asia;, is an Indonesian bank founded on August 10, 1955.
The Asian financial crisis in 1997 had a tremendous impact on Indonesia’s entire banking system. In particular, it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian government. The Indonesian Bank Restructuring Agency took over control of the bank in 1998.


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Views

211

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2

Duration

3:20

Published

Dec 30, 2015

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