Regional Development Banks' Capital Race

Regional development banks reported declining performance throughout last year due to increased cost of funds following the central bank’s rate hike. These banks aim to meet the OJK’s minimum capital requirement of IDR3 trillion this year.

Redaksi

17 Jan 2024 - 18.25
A-
A+
Regional Development Banks' Capital Race

Illustration - Banking.

Bisnis, JAKARTA — Several regional development banks, or BPDs, are racing to meet the minimum core capital requirement this year amid the challenges of a government leadership transition.

The condition of BPDs as banks owned by local governments makes the corporate action steps of this bank group go through a relatively more prolonged process than private commercial banks.

Some BPDs have been preparing strategies well in advance to meet the minimum core capital of IDR3 trillion this year, as the Financial Services Authority (OJK) stipulated. Furthermore, BPDs have been given a sufficiently long time to comply with said regulations, while commercial banks have already met these requirements since the end of 2022.

The regulations on core capital are stipulated in OJK Regulation No. 12/POJK.03/2020 concerning the Consolidation of Commercial Banks. This regulation gives BPDs until the end of 2024 to meet the minimum core capital.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Yusuf Waluyo Jati
company-logo

Lanjutkan Membaca

Regional Development Banks' Capital Race

Dengan paket langganan dibawah ini :

Tidak memerlukan komitmen. Batalkan kapan saja.

Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.

Copyright © Bisnis Indonesia Butuh Bantuan ?FAQ
Kembali ke Atas
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.