JAKARTA. The liquidity squeeze and The Fed’s plan to increase interest rate will decrease the chance for reducing the credit interest rate. However, the bankers will reduce the corporate credit rate to one digit. Director of Banking I Business of PT Bank Negara Indonesia Tbk (BNI) Herry Sidharta said, the low credit rate will at least trigger the credit demands, which have been sluggish due to the economic slowdown. “It is expected that the credit interest rate will further decrease by minimum 50 bps,” Herry told KONTAN, last weekend. As of December 2016, the prime lending rate (SBDK) of BNI’s corporate credit dropped by 50 bps to 10.25% compared with the same period in 2015.
Corporate credit interest rate may be one digit
JAKARTA. The liquidity squeeze and The Fed’s plan to increase interest rate will decrease the chance for reducing the credit interest rate. However, the bankers will reduce the corporate credit rate to one digit. Director of Banking I Business of PT Bank Negara Indonesia Tbk (BNI) Herry Sidharta said, the low credit rate will at least trigger the credit demands, which have been sluggish due to the economic slowdown. “It is expected that the credit interest rate will further decrease by minimum 50 bps,” Herry told KONTAN, last weekend. As of December 2016, the prime lending rate (SBDK) of BNI’s corporate credit dropped by 50 bps to 10.25% compared with the same period in 2015.