As Waters Recede, Loss Calculations Begin in Jakarta

By webadmin on 10:05 pm Jan 20, 2013
Category Archive

Companies and consumers have started to calculate
damages and losses from the widespread floods that hit Jakarta last week,
claiming at least 17 lives, displacing thousands from their homes and
afflicting capital residents with water-borne illnesses.


State-controlled lender Bank Negara Indonesia said it
suffered Rp 6.4 billion ($665,000) in losses due to the floods as some of its
operational facilities were damaged. It calculated losses from affected
branches at Rp 5.3 billion and Rp 1.1 billion in damages at some of its
automated teller machines.