Next Year Credit Interest Can Be Down

By : Wiyanto Dan Aldo Bella Putra | Friday, September 15 2017 - 23:00 IWST

Gedung Bank Indonesia
Gedung Bank Indonesia

INDUSTRY.co.id - Jakarta - Apparently the interest rate has not been able to decrease this year, although the BI 7 Day Reserve Repo Rate (RRR) has dropped and the LPS rate is the same.

Bank Indonesia (BI) hinted to the public to be patient in obtaining a decrease in loan interest.

"The impact of the LPS rate downgrade may be more than three months since the baseball is down now," said Dody Budi Waluyo, Deputy Governor of Bank Indonesia in Jakarta, Friday (16/09/2017).

On Thursday (15/9/2017) The Deposit Insurance Corporation (LPS) lowered its deposit interest rate by 25 bps to 6 percent for rupiah deposits in commercial banks.

Data showed that as of May 2017, bank credit growth stood at Rp 4.453 trillion or grew 8.6%, lower than the previous month's 9.4%.

"The impact could be next year to lending rates, also sustained fiscal conditions next year," he said.

News Comment

Today's Industry

Bentley Systems Announces the Availability of OpenBuildings Station Designer

Minggu, 19 Mei 2019 - 14:58 WIB

Bentley Systems Announces the Availability of OpenBuildings Station Designer

Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today…

Ponemon Institute

Selasa, 16 April 2019 - 11:16 WIB

2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia Pacific, United States and the UK shows an evolving Asia Pacific cybersecurity arena

2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia Pacific, United States and the UK shows an evolving Asia Pacific cybersecurity arena

Hypertherm software

Selasa, 16 April 2019 - 10:57 WIB

Hypertherm Unveils New Home for Cam Software Content

Hypertherm unveils new home for CAM software content HANOVER, N.H. — April 16, 2019 — Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, is unveiling a brand-new…

Etihad Airways airline (Foto Ist)

Kamis, 11 April 2019 - 12:44 WIB

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Kamis, 11 April 2019 - 12:34 WIB

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions