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The first auction rate security for the tax-exempt market was introduced by Goldman Sachs in 1988, a $121.4 million financing for Tucson Electric Company by the Industrial Development Authority of Pima County, Arizona. [1]
It was founded on 15 May 1959 by Aridi Penjamin and Jap Ing Hoat. [2] Later, a key figure and owner was Iskandar Widyadi . [3] The bank obtained its license as a foreign exchange bank in 1988.
Bank Negara Indonesia (lit. 'State Bank of Indonesia', formerly Bank Negara Indonesia 1946, lit. 'State Bank of Indonesia 1946') is an Indonesian state-owned bank. It has branches primarily in Indonesia, but it can also found in Seoul, Singapore, Hong Kong, Tokyo, Amsterdam, London and New York.
CT Corp (formerly known as Para Group) is one of Indonesia's largest diversified conglomerates.The group was founded by Chairul Tanjung in 1987. CT Corp operates consumer-centric businesses nationwide across four key industries: financial services, media and entertainment, retail, as well as property.