Case Study Of Bank Century

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Abstract
This paper explores about the case of Bank Century that happen in 2008, in that case Bank Century get injected money from Bank Indonesia because of several reasons, one of the reasons is because there are a lot of customers want to withdraw their money, and those customers could withdraw any of their money. Moreover, this paper will explain how and why that problem happen and what is the government do to facing that problem.

1. Introduction
Century Bank is one of the famous banks in Indonesia, this Bank is the merger of Pikko Bank, Denpac Bank, and CIC Bank. Approval in principle for the acquisition was decided in the meeting of board of governors of Bank Indonesia on November 27, 2001 with the approval of …show more content…

Henri also said the Bank Century crisis is very different from Northern Bank (NB) in the United Kingdom were also rescued and according to the White Book MOF is a Small Bank. "The reason the white book of the bank (NB) are small and if not rescued systemic impact is the reason one, because the bank is one of eight major banks in the United Kingdom and do not unreasonably small, although it must be helped because this is one of the largest lenders, "she said. According to her, the real sector and market psychology cannot be compared with 1997 but do not be surprised if there should be support for changes to the rules that Bank Century was saved. "Because there are reasons to do with the bailout have to change the rules," she

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