Keke Pahlevi Daradjati
Unknown Affiliation

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

De Javasche Bank Nationalization Policy: From Private Bank to Bank Indonesia, 1951-1953 Fauzan Syahru Ramadhan; Desi Susanti; Khairana Zata Nugroho; Keke Pahlevi Daradjati
Yupa: Historical Studies Journal Vol. 9 No. 2 (2025)
Publisher : Program Studi Pendidikan Sejarah FKIP Universitas Mulawarman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/yupa.v9i2.4806

Abstract

This article examines the nationalization policy by the Indonesian government towards foreign private banks owned by the Dutch East Indies colonial government to become Bank Indonesia in the period of 1951-1953. De Javasche Bank was nationalized because having significant power in the economic, political and monetary sector, being a source of livelihood, and wealth. The article uses the historical method consisting of four stages, namely heuristics, criticism, interpretation and historiography. Throughout this research, the validity is obtained that on 30 April 1951, the Minister of Finance, Yusuf Wibisono, had plans to nationalize De Javasche Bank. On 2 July 1951, the Prime Minister Sukiman formed the De Javasche Bank Nationalization Committee. Sumitro Djojohadikusumo, the new Minister of Finance, submitted a draft law regarding the nationalization of De Javasche Bank on 22 August 1952 and it was approved on 10 April 1953 with the provisions of Law no. 11 of 1953.