Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fitri Novia Heriani, Robert Sidauruk
The Indonesia Deposit Insurance Corporation (LPS) and related government institutions are currently preparing a draft regulation on a Differential Premium System (SPD) to be applied to the banking sector.
An SPD approach is an insurance pricing structure under which differing premium rates are applied to different banks according to the bank’s circumstances and the status of the national economy. Under the proposed SPD, banks will be charged a premium of between 0.15% to 0.35% .
Salusra Satria, Director of Assurance and Risk Management at LPS, said that LPS is currently drafting an academic paper which will be submitted to the Ministry of Finance before it is finalized as agovernment regulation.
Salusra believes that the SPD will bring many benefits to the banking sector, such as reducing financial risk problems, improving the soundness of banks, and providing incentives forbanks for better management.
However, Salusra explained that LPS requires more stakeholders input to create a more effective SPD policy. For this reason LPS is promoting the concept of SPD to a number of banks and has provided an academic consultative paper to Bank Indonesia, the OJK, and banking associations for feedback.
The banking sector emphasizes that LPS must ensure the harmonization of the SPD with policies created by other institutions and provide assistance to banks in the event of unfavorable economic circumstances. In addition, LPS must consider the different characteristics of different banks, and provide appropriate infrastructure for, and penalties against, banks that use SPD as a marketing tool.
“However, based on feedback to date the overall sentiment from is that banks are enthusiastic towards the incentives that will be offered under the SPD,” Salsura informed.
In an effort to create a SPD that can be easily adopted by the banking industry, LPS will prepare implementation guidance and undertake trials with several banks once the government regulation is issued.
“In 2014 LPS will examine the results of the trials so it can be fully implemented in 2015,” Salsura explained.
(hot/kc)
Fitri Novia Heriani, Robert Sidauruk
The Indonesia Deposit Insurance Corporation (LPS) and related government institutions are currently preparing a draft regulation on a Differential Premium System (SPD) to be applied to the banking sector.
An SPD approach is an insurance pricing structure under which differing premium rates are applied to different banks according to the bank’s circumstances and the status of the national economy. Under the proposed SPD, banks will be charged a premium of between 0.15% to 0.35% .
Salusra Satria, Director of Assurance and Risk Management at LPS, said that LPS is currently drafting an academic paper which will be submitted to the Ministry of Finance before it is finalized as agovernment regulation.
Salusra believes that the SPD will bring many benefits to the banking sector, such as reducing financial risk problems, improving the soundness of banks, and providing incentives forbanks for better management.
However, Salusra explained that LPS requires more stakeholders input to create a more effective SPD policy. For this reason LPS is promoting the concept of SPD to a number of banks and has provided an academic consultative paper to Bank Indonesia, the OJK, and banking associations for feedback.
The banking sector emphasizes that LPS must ensure the harmonization of the SPD with policies created by other institutions and provide assistance to banks in the event of unfavorable economic circumstances. In addition, LPS must consider the different characteristics of different banks, and provide appropriate infrastructure for, and penalties against, banks that use SPD as a marketing tool.
“However, based on feedback to date the overall sentiment from is that banks are enthusiastic towards the incentives that will be offered under the SPD,” Salsura informed.
In an effort to create a SPD that can be easily adopted by the banking industry, LPS will prepare implementation guidance and undertake trials with several banks once the government regulation is issued.
“In 2014 LPS will examine the results of the trials so it can be fully implemented in 2015,” Salsura explained.
(hot/kc)