"The policy will not disadvantage banks although announcing the basic landing rate would mean opening their `secret`," state-owned BNI bank economist Ryan Kiryanto said here on Thursday.
He said that the BI policy requiring banks to announce their basic landing rates would the fixing of the rates transparent.
"This could generate the real sector so that bank credits will increase. If credits increase, banks whose net income 80 percent come from credits will be happy," the BIN economist said.
He said that if banks customers were happy, their business would change to progress and the taxes they would pay to the government would also increase.
"If the government has a large fund, it will develop projects where banks will again enjoy benefit. So, everybody will be happy with the policy," Ryan said.(*)
Editor: Aditia Maruli Radja
Copyright © ANTARA 2011
