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From Javanese Bank to Bank Indonesia

Thomas Lindblad - foto Serge Ligtenberg
Thomas Lindblad - foto Serge Ligtenberg


The Dutch-East Indian province brought forth a thriving businesslife with a monopoly for Dutch enterprises. When Sukarno declared the republic Indonesia in 1945 it seemed that there was no future was Dutch companies on Indonesian soil However, Indonesia was not ready to take over the torch from the Netherlands. Not earlier than 1958, after the abrupt take-over of Dutch companies by Indonesian trade union members did Indonesia succeed in shaking off this colonial heritage. Historian Thomas Lindblad told about this study.