rbtfl.

global markets / foreign-bank view

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Reports Citi, HSBC and Standard Chartered have repatriated ~$640m of Indonesia profits since 2024 amid Prabowo's state-first economic policies, while Danantara simultaneously sought a $10bn loan facility from the same foreign lenders, a visible paradox of simultaneous capital flight and financing demand.

“Citi, HSBC and StanChart shipped ~$640m of Indonesia profits home as Prabowo's state-directed demands rose.”