ABSTRACT

This chapter examines an important phenomenon – that of volatile growth within financial institutions in Indonesia since the early 1980s. This volatile growth is scrutinized through a detailed study of Indonesian-Chinese financial-industrial conglomerates – the family business of Salim and Bank Central Asia; Mochtar Riady and the Lippo Bank; Bob Hasan and Bank Umum Nasional and Bank Duta; and Eka Tjipta Widjaja and Bank International Indonesia. One pribumi bank, Bank Niaga, is included as a comparison with a non-Chinese private bank.