BI Highlights ‘Special Rate’ Making It Difficult for Banking Credit Interest to Decrease

Jakarta, hitclubapk3 Indonesia — Bank Indonesia (BI) assesses the widespread provision of special interest rates ( special rate ) by banks to jumbo depositors causing a decline credit interest slow banking.In fact, BI’s benchmark interest rate (BI 7 Days Reverse Repo Rate) has fallen to 4.75 percent. Head of the BI Macroprudential Policy Department Solikin M Juhro […]