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Jakarta (SIB)
Bank Indonesia (BI) initiative to establish a credit guarantors in their respective regions. This is done to mitigate the credit risk incurred by banks for industrial sectors is still minimal banking financing.
Thus expressed by the Deputy Governor of Bank Indonesia Muliaman D. Hadad in the banking and business executive seminars at the Hotel Borobudur, Jakarta, Thursday (22/04).
"To mitigate the risk there is the option of the BI initiative to develop the involvement of local governments to establish regional loan guarantor institution," said Muliaman.
He added that this is necessary because each area who know exactly what sectors will be encouraged and developed through bank financing. "Also this is a way to mitigate the credit risk of banking," he said.
Because, continued Muliaman, the current banking sector requires clarity of everything I want to develop or in-push. "So this institution dikomitmenkan to mitigate risks in the region," he added.
Muliaman also explained some sectors that still need to mitigate credit risk sectors such as fisheries, plantation, agriculture, and mining. "Many banks do not get it, so no credit to it. I think this will be a priority, "he said.
Muliaman further said the local credit guarantor institutions are already initiated in some regions in Indonesia. (AFP / n)