Particularly, if the second scenario materializes, the global economic depression will intensify and become prolonged; thus, it is necessary to pay further attention to developments in the global economy and their effect on business and household sentiment as well as on global capital markets and the financial system.
This process will leave out bad managers as well as bad and improper controlling owners from the post-restructuring banking sector of Indonesia. It has been on the basis of the principles I cited earlier that we run our bank recapitalization program to recapitalize those banks that we believe have a viable future together with the decision to liquidate those banks that were not viable.