Indonesia regulator to ease bank lending risk rules to boost economy
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Jakarta
INDONESIA'S financial regulator is allowing banks to take higher risks when disbursing loans, seeking to stimulate growth in South-east Asia's largest economy from a more-than five-year low.
The Financial Services Authority will relax risk-weighted asset rules for bank lending to consumers, chairman Muliaman Hadad said in a briefing in Jakarta on Friday.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts