Three state banks—Bank Mandiri (BMRI), Bank Rakyat Indonesia (BBRI), and Bank Negara Indonesia (BBNI)—have on Wednesday (Sept 16) signed a combined US$3 billion loan with China Development Bank (CDB) in Beijing, China. This is the first phase of US$30 billion funding commitment from CDB to finance infrastructure projects in Indonesia. Do they (and we) really need the funding?¬†To subscribe please click here