Indonesia s banks 印度尼西亚银行 The good times end 黄金时代的终结 Banks solvency is not in question. Profitability isanother matter 银行偿付不是问题 获利才是问题 IN THE late 1990s Indonesia s banking sector collapsed after the rupiah lost about 85% of itsvalue against the dollar, leading to a spate of loan defaults by borrowers unable to servicetheir foreign debts. 90年代末卢比汇率暴跌货币损失85%价值,这造成了大量大量贷款拖欠者无力偿还外债。 The rupiah s recent declinethe currency has dropped by 14% against the dollar since thestart of the yearand a big current-account deficit have revived uncomfortable memoriesof that period. 卢比的汇率下跌以及大量的财政赤字使得那些不好的记忆重现。 Indonesia s economy is now growing at its slowest pace in almost three years. 今年是印度尼西亚这三年来经济增长最为缓慢的一年。 In real terms GDP expanded at anannual rate of 5.8% in the second quarter, down from a recent high of 6.8%. 在第二季度中实际GDP增长率仅为5.8%,较之前的6.8%有所回落。 Since May Bank Indonesia, the central bank, has lifted its main interest rate by 125 basispoints to 7%, the highest since June 2009, in an effort to reverse the rupiah s slide. |