JAKARTA - The Deposit Insurance Corporation (LPS) encourages banks to lower deposit interest rates which are still above the Guarantee Interest Rate (TBP). This step is taken so that more customer deposits meet the conditions to be guaranteed by LPS.
Chairman of the LPS Anggito Abimanyu said that currently the TBP is set at 3.75 percent. However, some savings interest in the market is still above this limit.
"We always set the Guarantee Interest Rate based on the prevailing market interest rate. Now 3.75 percent," said Anggito at the Presidential Palace Complex, Jakarta, Monday, July 27.
According to Anggito, around 30 percent of savings interest in the market is still higher than TBP. Therefore, LPS continues to coordinate with the banking industry so that the difference can be minimized.
"We always coordinate so that the longer it is reduced, so that the market interest rate is guaranteed by LPS as much as possible," he said.
Anggito explained that the TBP was determined by considering the development of savings interest in the market. The amount is announced periodically as a reference for customer savings guarantees.
When asked about the high interest rates offered by a number of digital banks, Anggito emphasized that supervision of the banking industry is under the authority of the Financial Services Authority (OJK).
"If it is OJK. We only set the interest rate of the guarantee and carry out the functions of resolution and liquidation," he said.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
Popular
