The promise of BI Lower Interest Rates

Written By Schwarzkophf on Thursday, December 4, 2008 | 9:13 PM

Governor of Bank Indonesia opened a meeting with the Board of Governor of Bank Indonesia, Thursday (4 / 12). One of the issues discussed in these meetings is a matter of the BI Rate menyusuk decrease in inflation. BI Governor last week gave the signal interest rate of BI down immediately. 
For the banks of this good news. Decrease the BI Rate must also make banks adjust their various interest credit. For the current interest rate of BI 9.5 percent, interest rates Credit Home Ownership (KPR) 14 to 16 percent interest rate and consumption 18 to 24 percent. Of course the community expects interest rates down immediately. 

Last October when the initial exchange cottage, BI raise the BI Rate 25 basis points to 9.5 percent. One alasanya is to hold rupiah. These efforts are proven. Despite the stronger rupiah shortly. However, the impact of various interest rates increased credit banks, such as interest KPR (Credit Home Ownership) interest loans to small businesses.

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