Parliament supports the steps the Bank Indonesia (BI) to lower lending
rates and provide sanctions for banks that do not obey the rules of regulators.
He considered the spread between interest rates and lending rates of funds in Indonesia
which is above the six to 10 percent, far higher than some ASEAN countries are only
three percent. Regional trends in interest rates has also become a reference for the bank in addition to the conditions of inflation and BI rate to fall.
BI will push interest rates of credit interest loan through setting business
plans through banks (RBB). In the RBB process that submitted the bank, the
central bank will conduct benchmarking or comparison of costs. BI would make an
ideal benchmark cost of funds, operating costs, profit margins and risk premiums.
Benchmarking process will be done by classifying banks by assets, business scale,
or market segments. (hukumonline, 21 November 2011)