www.bisnis.com - SURABAYA: Bank
Indonesia Islamic banking'm not too ambitious to spur consumer loans
following the central bank's policy of lowering the ratio of the value
of goods credit (loan to value / LTV) of a conventional bank.
Instead
of sharia-based Islamic bank is advised to keep credit growth to boost
investment and working capital.
Deputy Leader of BI Surabaya Sarwanto Banking
Supervision suggests it is related to the number of Islamic banking in
East Java are ready meendongkrak growth of consumer financing like
mortgages and credit purchases of vehicles. (source)