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View all search resultsThe target of achieving a single digit lending rate by the end of 2016 has already been missed. This failure has not apparently dampened the spirits of Bank Indonesia (BI) in trying again to realize the single digit credit rate target this year.
Maybank Indonesia is finding it hard to reduce the lending rate below single digit as the country’s corporate-risk profile is still high at above 10 percent, meaning that the lending rate must be set higher than the figure.
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