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View all search resultsThe Financial Services Authority (OJK) said the non-performing loans (NPL) rate among financial technology (fintech) firms that use peer-to-peer lending (P2P) hovered around 1 percent monthly, safely below the 2 percent maximal set by the OJK.
The government and central bank have expressed disappointment over Standard & Poor's (S&P) uncertain stance, making it less likely to grant Indonesia an investment grade rating in the near soon, ducking behind "additional concerns" on bad debts.
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