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Indonesia regulator to ease bank lending risk rules to boost economy

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Published Fri, Jul 24, 2015 · 09:50 PM

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.

Bank Indonesia

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