4. 1. NV.

Nederlandsch Indische Spaar En Deposit Bank (now Bank OCBCNISP), established 4 April 1941 with headquarters in Bandung 2. Bank Negara Indonesia, established on July 5, 1946 which is now known as the BNI '46. 3. Bank Rakyat Indonesia, which was established on February 22, 1946. The bank originated from De Algemene Bank or Syomin Volkskrediet Ginko. 4. Bank Surakarta Airlines Adil Makmur (MAI) in 1945 in Solo. 5. Bank Indonesia in Palembang in 1946. 6. Bank Dagang Nasional Indonesia in Medan in 1946. 7. Indonesian Banking Corporation in 1947 in Yogyakarta, later became Bank Amrita. 8. Manado Sulawesi Bank NV in 1946. 9. Indonesian Trade Bank NV in Samarinda 1950 was merged with the Pacific Bank. 10. East Bank NV in Semarang renamed Bank enjoy doing. Then merged with Bank Central Asia (BCA) of 1949. 5. Monetary policy and banking development in Indonesia since the new order can be basically classified into 3 periods, namely: economic stabilization and rehabilitation period, the economy and the banking deregulation of the oil sector. 6. Monetary policy and banking in economic stabilization and rehabilitation period at the beginning of the new order is basically to address the very poor economic conditions at that time . although no exact inflation figures and agreed but many analysts expect the inflation rate ranged 650 % per year , a figure which is fantastic compared to the economy of neighboring countries at that time . To inhibit the rate of inflation , the government control inflation kebatas seek a safer , increase exports , and replenish the clothing for the community . In order to control inflation taken two basic policies . The first policy change budget deficit into a balanced budget . Second , run a very tight credit policy and qualitative . At this period also the government , as part of a realignment of the economy, the banking system was also setup by issuing Law . 14 of 1967 on the Principles of Banking and Law . 13 of 1968 concerning Bank Indonesia. 7. Period when the economy supported the oil sector. Government policies in an effort to mobilize public funds as a source of development financing is accompanied by the provision of Bank Indonesia Liquidity Credit (KLBI) which increase the ability of lowinterest bank in lending. KLBI provision of large amounts of state revenue due to the amount of oil export revenues in the mid-1970s, known as the "oil boom", pushing back the high inflation rate. Monetary policy in the period of the oil boom, among others: a) Establish credit limit (credit ceiling) and other assets. b) Raising interest. c) Raising the deposit rate. d) Raise the mandatory provision of liquidity reserves. 8. Period of banking deregulation. Entering the 1980s, the Indonesian economy into recession as da, pack of world recession. Gross domestic product fell dramatically to only 2.2% compared to an average of 7.7% in the previous years, never even reaching 9.9% in 1980. Meanwhile, the balance of payments continues meburuk and even a deficit of USD 1,930 million in 1982. To cope with the worsening economic conditions,

the government made changes in economic policy, including monetary and banking. The policies pursued by the government at that time, among others: a) Adjustment of the rupiah against the U.S. dollar in March 1983 from Rp 700 to Rp 970. b) Rescheduling of projects that use large amounts of foreign exchange. c) Conduct of monetary and banking sector deregulation with various types of policy packages. 9. Bank is a financial intermediary typically established with the authority to accept deposits, lend money, and issue promissory notes, known as a banknote. The word bank comes from the Italian banca means money changers. Meanwhile, according to the banking law, banks are business entities that raise funds from the public in the form of savings and channel them to the public in th e form of credit and or other forms in order to improve the living standard of the people.