The Bank Indonesia says it has liquidated Bank IFI after the bank failed to meet sound banking conditions imposed on it while under regulatory supervision. ANTARA News reported Sunday that Bank IFI's license was revoked, said Wimboh Santoso, Bank Indonesia`s head of financial system stability. Wimboh said Bank IFI`s capital adequacy ratio was below 8 percent, while its non-performing loans reached 24 percent. The bank had been under supervision since 2002.