Analysis: Lower loan-to-value policy: Impact on banks, property and auto
By Teguh Hartanto, Natalia Sutanto and Leonardo Gavaza
In an effort to prevent a potential bubble burst in consumer loans, the central bank (BI), effective in June 2012, has finally increased the minimum down payments (DPs) for mortgage and automotive loans, translating to lower loan-to-value (LTV) policy.
BI increased down payments (DPs) for commercial vehicles to 20 percent, 2 wheelers to 25 percent and 4 wheelers to 30 percent. For mu...
- Indonesia Instagram's biggest market in Asia Pacific
- Locals bulldoze orangutan conservation forest area in East Kalimantan
- Ubud listed among 'world's top 15 cities'
- World Bank advises Indonesia to push for reforms
- Transjakarta driver steals bus: Police
- World Bank to offer blended financing for Indonesia
- Jakarta Police welcome new chief
- Freeport to issue new shares to meet divestment requirement
- The best airport in the world just got better
- Jokowi wants detailed redenomination plans: Sri Mulyani