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Search result with “Bankrupt Banks” as a keyword founded 12 news.
Government Eyes New State Textile Company to Save Sritex Workers
... keep the operations of bankrupt textile manufacturer Sri Rejeki ... exports. Sritex was declared bankrupt by a court after failing ... facilities from state-owned banks for personal purposes. Read ... a court declared the company bankrupt. The manufacturer, which had ...Business Jan 19, 2026 | 5:22 pm
Jakarta Hotel Seized as Asset in Sritex Credit Corruption Investigation
... . Read More: Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion ... by several regional government-owned banks, including Bank BJB of West ... a court ruling that declared Sritex bankrupt after the company accumulated massive ...News Dec 12, 2025 | 10:35 am
Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion Loan Fraud
... , Deputy Chief Executive Officer of bankrupt textile giant Sri Rejeki Isman ... unpaid loans from the two banks alone. Sritex, once a dominant player ... Indonesia’s textile industry, was declared bankrupt in October 2023 after failing ...News Aug 14, 2025 | 6:30 am
Economy Falters as Expert Urges Government to Move Beyond Rhetoric
... case, textile giant Sritex went bankrupt, leaving over 10,000 workers ... loan interest rates -- is essential. Banks must transmit these policies more ...Business Jun 4, 2025 | 11:55 am
IDX Urges Delisting of Sritex After Bankruptcy, CEO’s Arrest
... Exchange (IDX) on Thursday urged bankrupt textile company Sri Rejeki Isman ... troubles. Sritex (SRIL) was declared bankrupt in October 2024, and its ... ) owed to various state-owned banks. Once a leading player in Indonesia ...Business May 22, 2025 | 6:43 pm
Former Sritex Boss Accused of Embezzling Rp 692B in State Bank Loans
... multiple regional and state-owned banks, the Attorney General’s Office ... loans from state-owned banks BNI and BRI. In ... million) to state-run banks. BJB disbursed Rp 543 billion ... when a court declared Sritex bankrupt. The once-dominant textile manufacturer ...News May 22, 2025 | 4:06 am
Bankrupt Textile Giant Sritex’s Ex-CEO Arrested in Graft Case
... chief commissioner of the now-bankrupt textile company Sri Rejeki Isman ... and concurrent creditors are various banks and corporate partners, many of ...News May 21, 2025 | 1:58 pm
Sritex Furloughs 3,000 Employees After Bankruptcy Appeal Rejected
... trillion ($891.7 million) to 27 banks and Rp 220 billion to ... Semarang District Court declared Sritex bankrupt in October 2024. The ruling ...Business Dec 21, 2024 | 10:52 am
Bank Bankruptcies Triple in Indonesia as OJK Shuts Down 14 Institutions
... In 2023, only four banks went bankrupt in Indonesia. On average, ... seven to eight banks go bankrupt each year in Indonesia ... banks have gone bankrupt to date. Almost all of the banks that went bankrupt ... is a list of the bankrupt banks as of July 2024: BPR ...Business Aug 6, 2024 | 9:41 am
Textile Giant Sritex Denies Bankruptcy
... denied that it had gone bankrupt due to not being able ... learn why the company went bankrupt.” The Confederation of Indonesian Trade ... maintain the trust of their banks and buyers, Ristadi said.Business Jun 25, 2024 | 2:30 pm
11 Indonesian Banks Go Bankrupt in 2024: LPS
... customers of 11 small banks that went bankrupt in 2024. These claims ... for customers of 11 rural banks (BPR) liquidated by LPS between ...Business May 22, 2024 | 9:23 am
Computer Scientist Claiming to be Bitcoin Creator Faces Court Test
... bitcoin. “Wright has threatened to bankrupt developers, sent notices of his ... around the world anonymously, without banks or national currencies. Nakamoto seemed ...Tech Feb 7, 2024 | 3:15 am
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