| Issue Number : 2249

New LTV and FTV Ratios for Property Loan and Financing Facility

Bank Indonesia (“BI”) has issued Circular Letter No. 15/40/DKMP regulating provisions covering the granting of loans and financing by commercial and sharia banks for the purchase of property and motor vehicles (“Circular Letter”).

The Circular Letter is an effort by BI’s to reduce financial risks that may arise due to the current high level of loans and financing to consumers in the property and motor vehicle sectors.[1]

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Bank Indonesia (“BI”) has issued Circular Letter No. 15/40/DKMP regulating provisions covering the granting of loans and financing by commercial and sharia banks for the purchase of property and motor vehicles (“Circular Letter”).

The Circular Letter is an effort by BI’s to reduce financial risks that may arise due to the current high level of loans and financing to consumers in the property and motor vehicle sectors.[1]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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