The Financial Services Authority (OJK) urged small banks to consolidate with big-size banks that willingly to provide rooms for said process. The banks under BUKU I and II Category are urged to merge for boosting their sizes. Banks with core capital of Rp1 trillion are categorized in BUKU I while BUKU II banks have a core capital of Rp1-5 trillion. BUKU III banks have a core capital of Rp5-30 trillion. BUKU IV banks, meanwhile, have capital of above Rp30 trillion.
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