Bank of Indonesia has called for lower lending growth, which is above 20 per cent. BI has asked the banks to target between 15 to 17 per cent. This call has been positively taken by most of the banks (http://www.thejakartaglobe.com/business/banks-side-with-bi-governor-on-need-to-lower-lending-growth/). Though this is a prudent and proactive move to avoid overheating specially in the property sector, BI has to be careful to not dampen the demand.
No comments:
Post a Comment