Loose Cannon for Banks
Monday, September 13, 2021
Indonesian banking gives a mixed response over plans for bankruptcy and debt payment postponement moratoriums. The OJK is pushing for a credit restructuration relaxation.
arsip tempo : 177091227788.
THE meeting between the Financial Services Authority’s (OJK) board of commissioners and banking industry players in the middle of August was actually a routine quarterly meeting. In these meetings, the OJK usually relays policy directions, and listens to the bankers’ outlook.
On the agenda in the August meeting was loosening the credit restructuration policy, with the OJK proposing to extend the program issued to counter the negative
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