#interest rates

Collection of interest rates news, found 415 news.

Banks urged to cut lending rates to follow benchmark interest rate

Banks especially large ones should cut their lending rates to follow Bank Indonesia, which has slashed its benchmark ...

Elected OJK chief commissioner to focus on improving performance

Newly-elected chief commissioner of the Financial Service Authority (OJK) Wimboh Santoso has pledged to focus on ...

Credits to reach smallest segment of businesspersons

The government is currently giving greater attention to small businesses, notably micro-, small-, and medium-scale ...

President urges financial industry to increase loans for SMEs

President Joko Widodo (Jokowi) has called on the financial industry to increase loan disbursement, especially ...

Indonesia should cut unnecessary electricity costs

The price of electricity in Indonesia is relatively high due to high investment and production costs, reducing the ...

Retail sales predicted to rise 10 percent in 2017

Retail sales in Indonesia are predicted to grow 10 percent to Rp219 trillion year-on-year in 2017 not including sales ...

BI should concern measures taken by Fed

National Development Planning Board (Bappenas) Head Bambang P.S. Brodjonegoro said Bank Indonesia (BI) should be ...

Yearender - Indonesia needs to brace for global challenges

Indonesia is expected to have a relatively improved economic performance in 2017, while still needing to prepare ...

Housing credit interest rate predicted to decline in 2017

Bank Indonesia predicted that the interest rate of consumer credits including housing credits(KPR) would decline in ...

President asks investors to focus on import substitution

President Joko Widodo (Jokowi) has asked that investment flowing into the country be focused on industries that ...

Smooth subsidy to speed up KUR credit extension

The government has over the past several years launched a subsidized loan program for micro, small and medium-sized ...

Capital market hopes for success of tax amnesty program

The Indonesia Stock Exchange (BEI) is of the view that industry players in the capital market expect the tax amnesty ...

President orders ministry to encourage microloan distribution

President Joko Widodo (Jokowi) has asked Cooperatives and Small and Medium-scale Enterprises Ministry to encourage the ...

Central bank maintains benchmark interest rate

Bank Indonesia decided to maintain its benchmark interest rate (BI rate) at 6.5 percent a year at a monthly meeting on ...

Credit to grow in third quarter: Bank Indonesia

Bank Indonesia is predicting that bank credit will grow in the third quarter this year, with working capital credit to ...