BANKING
Of Lending and Penalties

INDONESIAN bankers are describing their current relations with Bank Indonesia as 'hot and cold' like people suffering from high fever.

It all began when the central bank announced a new policy, effective March 1, requiring Indonesian banks to maintain a loan to deposit ratio (LDR) of between 78 and 100 percent.

Any bank failing to meet the ratio would be subject to a penalty of increasing its mandatory minimum deposits (GWM) by 0.1 percent for every

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