The management of credit assets currently comprise the following measures: 1) Administration; 2) Restructuring; 3) State-equity participation; 4) Sale; 5) Transfer of administration to the Committee for State Receivables Management; 6) Assets settlement; 7) Execution of collateral; 8) Settlement of credit assets with outstanding loans amounting to IDR 500,000; and 9) Submission of write-off proposals

BI has now incorporated the activity of the provision of funds to Sharia OPT participants in order to manage liquidity with collateral in the form of securities that meet the sharia principle. This also applies to sharia standing facilities through the provision of credit facilities to sharia standing facilities participants that can also be encumbered with securities that meet the sharia principle

The placement of funds in Partnering Banks is to be implemented in the following forms: 1) Deposit; or 2) Government Giro, which only applies to certain assignments that are given by the government to Partnering Banks, as stipulated through the issuance of decrees of the Minister of Finance

As a part of the implementation of the PEN Program, the government is now permitted to deposit funds in partnering conventional banks which fulfill the following criteria: 1) Must be in possession of valid business licenses as conventional banks; 2) Must engage in business activities within Indonesian jurisdiction while the majority of the relevant shareowners must comprise the state, regional governments, Indonesian legal entities and/or Indonesian citizens; 3) Must have posted a minimal health composite rating of three, as verified by the OJK; and 4) Must implement banking business activities which support the recovery of the national economy.

Lenders aiming to participate in the interest/margin subsidy scheme under the National Economic Recovery Program are no longer required to submit letters of intent. As a result, the overall procedure for the granting of subsidies now breaks down as follows: 1) Submission of debtor data via the Credit Program Information System ; 2) Notification of debtors; 3) Submission of subsidy invoice; and 4) Settlement of invoice

In order to become a partner of the Minister so as to realize the implementation of this fund-placement policy, commercial banks are required to meet the following criteria: 1) Must hold valid business licenses for operations as commercial banks; 2) Must conduct business within Indonesian territory, while the majority of the relevant shareholders must be Indonesian individuals, legal entities or regional governments; 3) Must have soundness levels of composite 3, as verified by the Financial Services Authority; and 4) Must implement banking activities that support the acceleration of national economic recovery

Participating banks are required to distribute the relevant funds to implementing banks immediately after the funds have been received in accordance with their cooperation agreements, while the relevant interest/yield should be set at the maximum fund-placement interest rate plus 300 basis points

In order to obtain short-term liquidity loans, conventional commercial banks are now required to: 1) Comply with solvency adequacy and soundness levels in order to obtain the loans, as assessed by the Financial Services Authority; 2) Possess high-quality collateral to be used as the security for the loans; and 3) Be categorized as being able to pay back the loans

Banks may be subject to administrative sanctions in the forms of reprimands, change of status or suspension of business activities for failing to implement follow up measures after receiving a written OJK order regarding Corporate Actions

In addition to state equity participation, placement of funds, government investment and guarantees, the attempt to recover national economy may also be implemented through state expenditure through, among other approaches, the granting of interest subsidies to debtors of banks, financing companies and agencies distributing government credit