No distractions from sell-off momentum

摘要

Indonesia's banks are going back into private hands as the government continues with its economic reform plans, despite the huge post-tsunami rebuilding task it faces. Eight years ago, Indonesia stepped in to refinance its crisis-ridden banks in what was to become one of the most expensive financial sector bail-outs in history. As a result, much of the sector was brought under government control as bankers began the painful process of rebuilding their loan books and restoring public confidence in financial institutions.