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Business 6 years ago
PREMIUM
Online lenders join data center to foil recalcitrant borrowers
The Financial Data Center (FDC) was launched by the Indonesian Fintech Lenders Association (AFPI) and the Financial Services Authority (OJK) in November of last year to help platforms identify excessive borrowing, bad credit and fraud from the data stored by other FDC members.
Business 6 years ago
PREMIUM
Banks warned of tight liquidity, surge in bad loans in 2020
A liquidity problem will likely continue to haunt local banks, especially small and medium lenders in 2020 as many will invest their money in the government’s high-yield bonds instead of making deposits in banks, analysts have said.
