Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Andin Aditya Rahman
Mulya E. Siregar, Executive Director of Banking Research and Control at Bank Indonesia (BI), denied foreign domination in the national banking system by stating that foreign banks do not own more than 50 percent of the country’s banks.
“There is no foreign bank domination in Indonesia,” stated Mulya during a seminar in Jakarta, Thursday (25/4).
He explained that total foreign credit in the national banking system only reached 33 percent. Similarly, foreign third party funds only contribute 34 percent in total.
Mulya explained that December 2012 data showed that the total amount of foreign assets in the national banking system only reached 37 percent.
“From this figure we can see that [the national banking system] is not controlled by foreign banks,” he stated.
During the same event, Robertus Bilitea, Director of Law and Regulations at the Indonesia Deposit Insurance Corporation (LPS), highlighted the need for the Draft Bill on Banking to address the susceptibility of foreign banks to global economics.
According to Robertus, the Draft Bill on Banking must anticipate global crisis that would affect branch offices of foreign banks in Indonesia, which in turn will affect the national banking system.
“As of now, foreign banks in Indonesia are very susceptible to global crisis. If the parent company overseas is affected, it will severely affect its branch offices,” he asserted.
Robertus concluded that if this is not anticipated by the Government, it will affect the national banking system at times of global crisis in the future.
(hot/jt)
Fathan Qorib, Andin Aditya Rahman
Mulya E. Siregar, Executive Director of Banking Research and Control at Bank Indonesia (BI), denied foreign domination in the national banking system by stating that foreign banks do not own more than 50 percent of the country’s banks.
“There is no foreign bank domination in Indonesia,” stated Mulya during a seminar in Jakarta, Thursday (25/4).
He explained that total foreign credit in the national banking system only reached 33 percent. Similarly, foreign third party funds only contribute 34 percent in total.
Mulya explained that December 2012 data showed that the total amount of foreign assets in the national banking system only reached 37 percent.
“From this figure we can see that [the national banking system] is not controlled by foreign banks,” he stated.
During the same event, Robertus Bilitea, Director of Law and Regulations at the Indonesia Deposit Insurance Corporation (LPS), highlighted the need for the Draft Bill on Banking to address the susceptibility of foreign banks to global economics.
According to Robertus, the Draft Bill on Banking must anticipate global crisis that would affect branch offices of foreign banks in Indonesia, which in turn will affect the national banking system.
“As of now, foreign banks in Indonesia are very susceptible to global crisis. If the parent company overseas is affected, it will severely affect its branch offices,” he asserted.
Robertus concluded that if this is not anticipated by the Government, it will affect the national banking system at times of global crisis in the future.
(hot/jt)