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KPEI Gets Custodian Bank
Bisnis Indonesia, page B1 (15-September-2005)
PT Kliring Penjaminan Efek Indonesia (KPEI) will sign a contract with a custodian bank early next month. This is done in order to increase the security lending and borrowing transaction. Before, KPEI has only cooperated with participants from 70 security companies. Until the middle of 2005, security lending and borrowing transactions has only added up to Rp.140 billion per day compared to the target of Rp.210 billion per day. This lack in transactions is because several investors still do not know about the existence of the security lending and borrowing in KPEI. In order to reach the target, KPEI has cooperated with Korea Securities Deposit in implementing a new service and system.

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