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To: Jeffrey S. Mitchell who wrote (73)10/14/1999 9:21:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 228
 
Things go from bad to worse...

The full name for BNI Bank Indonesia is Bank Negara Indonesia. Searching under this name reveals a few more hits.

In this link BNI is appealing a judgement against them when they failed to make good on a bank letter of credit. They lost the appeal as well.

law.pace.edu

These links (almost 2 years old) are an industry rating of BNI...

bradynet.com
bradynet.com
bradynet.com

Although BNI gets mentioned honorably in this story, the link provides some insight into the turmoil surrounding Indonesian banking...

iht.com

More general background on Indonesian banking and fraudulent schemes...

infobank-online.com

This is BNI's home page...

bni.co.id

Bankwatch (Thomson Financial) rates BNI as an "LC4" for short term debt, which means "Local Currency 4", which is the lowest possible rating assigned within the LC category.

bankwatch.com

A former loan officer is censured in the US for embezzlement...

bog.frb.fed.us

KJC