TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Councillors required to use letters of appointment to get bank credit

  • Sausan Atika

    The Jakarta Post

Jakarta   /   Mon, September 23 2019   /  01:25 am

Having just been inaugurated as councillors for the 2019 to 2024 period a few weeks ago, many members of legislative bodies across Java are reportedly applying for credit from lenders despite receiving high gross salaries. The same phenomenon is also occurring in Jakarta.

“Several councillors have applied for multifunction credit,” city-owned lender Bank DKI corporate secretary Herry Djufraini told The Jakarta Post on Wednesday over the phone.

Multifunction credit is offered by a lender to those whose salaries are paid by Bank DKI, including civil servants and employees working in city-owned companies.

Herry said this type of credit was similar to credit products offered to non-Bank DKI customers.

To apply for the product, legislators have to submit copies of their appointment letters as an administrative prerequisite.

Other prerequisites include fi...