Rural Bank Fails, LPS Decides Against Bailout

Rural Bank Fails, LPS Decides Against Bailout

PT BPR Nature Primadana Capital, a rural bank in Bogor Regency, becomes the 15th bank entering bankruptcy this year as LPS decides against a bailout.

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Minggu, 15 September 2024 | 16:13

Bisnis, JAKARTA — PT BPR Nature Primadana Capital, based in Bogor Regency, West Java, just had its license revoked by the Financial Services Authority (OJK) as stipulated in OJK Board of Commissioners Decision No. KEP-70/D.03/2024 dated September 13, 2024. With this latest development, the number of banks having their licenses revoked this year has increased to 15.

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