Showing posts with label prime lending rate. Show all posts
Showing posts with label prime lending rate. Show all posts

Friday, September 17, 2010

BANKING - BI may require banks to disclose prime lending rate and raise LDR ratio

Bank Indonesia (BI) may require banks to disclose their risk profile methodologies as part of its fight to boost lending to boost economic growth.

Bank Indonesia recently said it might introduce a regulation to require banks to disclose their prime lending rates, which are the interest rates given to a bank’s best customers.

BI deputy governor Halim Alamsyah said that the nation’s central bank might introduce the regulation so banks would compete in the open market.