Bank Indonesia has pointed out that the reduction in credit interest rates across the banking sector has been progressing slowly. Officials emphasized the need for financial institutions to accelerate the transmission of policy rate cuts into lower borrowing costs for consumers and businesses. Despite previous easing measures, the pace at which these changes are reflected in lending rates remains below expectations, potentially limiting the stimulative effect on economic activity. Regulators are urging banks to improve efficiency in rate adjustments to support broader economic recovery.
— news from VOI.ID
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BI Highlights Slow Drop In Credit Interest Rates By Banking VOI.ID
BI Highlights Slow Drop In Credit Interest Rates By Banking VOI.ID