Acting LPS Boss Regarding Funds Of IDR 200 Trillion To Himbara: Strengthen Banking Liquidity

JAKARTA - Acting Acting Assignment (Plt) Chairman of the Board of Commissioners of the Deposit Insurance Corporation (LPS) Didik Madiyono emphasized that the Ministry of Finance's move to place IDR 200 trillion in funds to national banks to strengthen banking liquidity.

Didik admitted that his party fully supports the steps taken by the Minister of Finance, Purbaya Yudhi Sadive, who attracts government-owned funds at Bank Indonesia to then place them in domestic banks.

"We certainly support the steps from the Ministry of Finance to place its funds in banks to strengthen banking liquidity," he told the media crew at the LPS Office, Monday, September 22.

He added that the placement of these funds is considered to be able to affect the movement of the interest rate of bank guarantees because banks can suppress inter-bank competition to get interest.

On the other hand, the bargaining power or bargaining position of large fund owners who tend to press bank interest rates can also be suppressed.

"Bargaining power from large fund owners to dictate interest rates to banks can be reduced," he continued.

Meanwhile, regarding the expansion of funds into the real sector, Didik said, it is the banker's job to determine which sectors are suitable for finance.

"After all, he has to throw it into the distribution of credit, the funds placed are not free. He was also hit by the interest expense," he explained.

Kendati demikian Didik berharap, pemberian kredit oleh perbankan tetap mengedepankan asas-asas perkreditan yang sehat sehingga tidak membebani rasio kredit macet atau non performing loan (NPL) perbankan.

"Kita sih tetap berharap pemberian kredit itu berdasarkan asas-asas perkreditan yang sehat sehingga tidak menjadi NPL yang memberatkan keuangan perbankan," tandas Didik.

However, Didik hopes that lending by banks will continue to prioritize healthy credit principles so that it does not burden the ratio of bad credit or non-performing loans (NPL) of banks.

"We still hope that the credit will be given based on the principles of healthy credit so that it does not become an NPL that burdens banking finances," said Didik.