Key Benefits:
up five percent) of estimated cost did not save;
b. Banks still have good business prospects, among other things if: 1) the bank has a strategic location, wide office network, and/or
adequate infrastructure;
2) the bank has a superior product; 3) the level of public trust against the bank is still good; 4) The complexity of the problem is encountered by the bank still
within the limits of the public;
5) the bank has made remedial or medical efforts, for example doing restructuring and/or memorizing credits; and
6) the bank has an employee with integrity and/or Adequate competency.
c. There is a statement from the bank of the bank which at least contains a willingness to:
1) relinquish the rights and authority of the RUPS to the LPS; 2) surrender the bank to the LPS; 3) do not sue the LPS or LPS-designated parties if
The LPS-led rescue process is not successful, as long as the LPS or the LPS-designated parties perform their duties in accordance with the laws of the law; and
d. The bank submitted to LPS documents concerning: 1) the use of funding facilities from Bank Indonesia and
agunan submitted; 2) financial data of debtors; 3) the structure of the application and the arrangement of shareholders 3 (three)
the last year; and 4) other information the LPS requires is related to the assets,
obligations, and the bank ' s entrees. 6. Between Section 29 and Section 30 is inserted 1 (one) section, including Article
29A so that it reads as follows:
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Article 29A LPS may designate government agencies in the field of supervision or audit, the Office of Public Accountants, or any other party having the ability to carry out due diligence and/or calculation of the charges Saving or non-saving costs.
Article II of the Safe Institution's Ordinance is in effect from the date of the invitation.
For everyone to know it, ordering the Ordinance of the Institute for Guarantee of the Safe Sacrifice. with its placement in the Republic of the Republic of Indonesia News
Specified in Jakarta on December 28, 2011
CHAIRMAN OF THE BOARD COMMISSIONER OF THE GUARANTOR INSTITUTION,
C. HERU BUDIARGO
PROMULRED IN JAKARTA ON 28 DECEMBER 2011, THE MINISTER OF LAW AND HUMAN RIGHTS REPUBLIC OF INDONESIA,
AMIR SYAMSUDIN
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Article I
Some provisions in Regulation of the Institution Guarantee Certificate Number 4/PLPS/2006 on the Settlement of Failing Banks That Do Not Have Systemic Impact (State News of the Republic of Indonesia 2006 No. 77) as amended by The Regulation of the Guarantor Institution Numbered 2/PLPS/2007 (The State News of the Republic of Indonesia 2008 Number 10) was changed as follows:
1. The provisions of Section 6 of the paragraph (1) and paragraph (2) are amended, so that the entirety of Article 6 reads as follows:
Section 6
(1) Fulfillment of the solvency level in the calculation of the estimated rescue costs as referred to in Section 5 is a capital addition to:
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2011, No. 952 3
a. Comply with the terms of the IBM International Program (s). anticipating loss potential: 1) derived from on-balance sheet and off-
balance sheet that is problematic and/or potentially problematic;
2) which is derived from the damages claim financial from other parties; and
3) others who do not/have not been recorded on bank balance sheets, either on-balance sheet nor off-balance sheet.
(2) Additional capital to anticipate the potential loss as referred to in paragraph (1) the letter b is taken into account in terms of the potential for such loss not to be taken into account in the KPMM ratio specified by the LPP.
2. The provisions of Section 7 are amended, so that the entirety of Article 7 reads as follows:
Section 7
(1) Fulfillment of the liquidity level in the calculation of the estimated rescue costs as referred to in Section 5, including the addition of funds for:
a. The fulfilment of a minimum (GWM) Giro for the Public Bank or Cash Ratio (CR) for the People's Credit Bank;
b. The fulfillment of the bank's obligations to other parties outside of the subordination loans and the obligations to the relevant parties, whether listed on the on-balance sheet or off-balance sheet for a minimum term of 6 (six) months and maximum for 1 (one) year since the bank becomes Bank Failed with regard to bank conditions;
c. Bank operating expenses are cost labor and other bank operating expenses (overhead cost) for a minimum period of 6 (six) months and maximum for 1 (one) years since the bank became Bank Failed with regard to bank condition;
d. expenses related to the use of third-party services among other the cost of audits by Public Accountants, Assessor, and Legal Consultants; and
e. The other costs are needed in order of rescue. (2) The fulfillment of a liquidity level as referred to in paragraph (1)
taking into account the estimated minimum entry of funds for 6 (six) months and up to 1 (one) year since the bank became
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2011, No. 952 4
Bank Failed with regard to bank conditions, which include: a. acceptance of installments or credit softening; b. The collection of clients; c. interbank loans; and d. Another reception.
3. Between Section 7 and Section 8 of the following section 1 (one) section, Section 7A thus reads as follows:
Section 7A
The fulfillment of the level of solvency and liquidity level as referred to in Article 6 and Section 7 takes account of it. the addition of the capital to support the growth or expansion of the bank's efforts at least 8% (eight percent) above the KPMM ratio specified by the LPP as referred to in Section 6 of the paragraph (1) letter.
4. The provisions of Section 8 are amended, so that the entirety of Article 8 reads as follows:
Article 8 The estimated cost of not performing the rescue as contemplated in Section 4 of the paragraph (2) letter a, consists of:
(1) The estimated cost will be paid, consists of: a. a guaranteed savings payment; b. a talangan fee for a paid salary and severance of the employee; c. charges related to the customer's savings payment
among others the cost of reconciliation and verification, legal consultant, and fee to the payday bank; and
d. The potential charges associated with financial damages are related to the savings account.
(2) The estimated charges to be paid as referred to the paragraph (1) account for the estimated LPS acceptance of the sale and thawing of the assets The bank that is revoked by its business permit.
(3) The assessment of bank asset acceptance estimates is a bill to another bank, a valuable letter, a given credit, as well as a fixed asset and an inventory is carried out with regard to: a. quality as well as asset types, proprietary documents and engagements
agunan; and/or b. historical data return rate (recovery rate) penfluids
Bank assets In Liliquidation.
5. The provisions of Section 10 are amended, so that the entirety of Article 10 reads as follows:
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Article 10 LPS sets out to save the Failed Bank if it is
