BCA's Interest Rates Join Market Conditions

INDUSTRY.co.id - Jakarta - Bank Central Asia (BCA) Tbk said BCA's lending rate will follow market conditions. Including credit increase and decrease, not referring to BI rate.

"If it could be a flat rate, but I do not know next week (BI RDG decision)," said Director of Bank BCA, Suwignyo Budiman in Jakarta, Monday (28/05/2018).

Scheduled additional Board of Governors (RDG) Meetings will be held on Wednesday (30/5/2018). Earlier, Bank Indonesia (BI) had raised the BI 7-Days Reverse Repo Rate by 25 basis points to 4.50 percent.

"We're among those who save for high interest and low-interest borrowers," he said.