INDONESIA - REGULATIONS - BI Bans Credit Card Compound Interest Practice

JAKARTA (IFT) – Bank Indonesia (BI) will forbid banks to compound credit card interest rate through its revised Regulation (PBI) No 11/11/PBI/2009 concerning Medium of Exchange Using Cards (APMK). (source)
Source : http://en.indonesiafinancetoday.com/read/13243/BI-Bans-Credit-Card-Compound-Interest-Practice  - Nov 9, 2011