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As a consequence, log b (x) diverges to infinity (gets bigger than any given number) if x grows to infinity, provided that b is greater than one. In that case, log b (x) is an increasing function. For b < 1, log b (x) tends to minus infinity instead. When x approaches zero, log b x goes to minus infinity for b > 1 (plus infinity for b < 1 ...
Banking reform continued throughout 1999, with the merger of four state banks in July 1999 into Bank Mandiri, the closure of 38 banks, recapitalisation of nine, and takeover of seven more in March 1999. By this point, the total bank capital had reached a negative 245 trillion rupiah.
In 2016, Union Bancaire Privée was ordered to pay Internal Revenue Service $187 million USD in penalties for conspiring with U.S. taxpayers to evade taxation, through the use of fraudulent services and transactions in order mask the ownership of foreign-owned accounts and assets.
PT Bank CIMB Niaga Tbk is Indonesia's sixth largest bank by assets, established in 1955. CIMB Niaga, which is majority-owned by CIMB Group, is the largest payment bank in terms of transaction value under the Indonesian Central Securities Depository.
The word bank was taken into Middle English from Middle French banque, from Old Italian banco, meaning "table", from Old High German banc, bank "bench, counter". Benches were used as makeshift desks or exchange counters during the Renaissance by Florentine bankers, who used to make their transactions atop desks covered by green tablecloths.
Finger print login, a recent banking security application. Logging in is usually used to enter a specific page, website or application, which trespassers cannot see. Once the user is logged in, the login token may be used to track what actions the user has taken while connected to the site.
In 2001, Asia Pulp & Paper (APP), the subsidiary of Sinar Mas, called a standstill on $14 billion worth of bonds and loans and stopped repaying its debt, including interest payments, in what is still the largest default to foreign investors in Asian market history. [5]
Permata Bank (or Bank Permata) is a bank in Indonesia, headquartered in the capital city Jakarta. It has officially become a BUKU IV bank after receiving confirmation from the Financial Services Authority (OJK) on 20 January 2021. Serving nearly four million customers in 62 cities of Indonesia, it has 304 branch offices and two mobile branches.