"The process is already ongoing and because this is a very important policy we wish to communicate it not only with the public but also with the government," he said here on Friday.
Darmin would not as yet tell about the maximum of shares may be held but said shareholders may not hold above 50 percent of the shares.
"I would not say it yet, but it must be below 50 percent. There will certainly be a transitional period for it. So do not make any speculation yet," he said.
He said Bank Indonesia would in time immediately communicate the policy among bankers after preparations have been matured. "Well, it will be around this year," he said.
Regarding plans for credit card regulation, Darmin said he did not decide when the policy would be issued because studies and simulations were still being made with regard to the impact of the regulation.
"We wish it would not be too loose, so that consumers or clients would not lose control and everything must be done transparently such as about the interest, how much is the interest when debt is paid, or when it is paid fully or not fully," he said.
The regulation, he said, would be tightened so that it would not be too loose to cause temptations for consumers.
"We cannot produce the rule unless simulation is already made. We must simulate consequences. The process is now still being simulated to determine a correct regulation," he said.
(Uu.H-YH/HAJM/S012)
Editor: Priyambodo RH
Copyright © ANTARA 2011
