JAKARTA – The decline BI rate 50 basis points at 8.75 percent should be followed up with a decrease in interest rate. Bank Indonesia (BI) hopes the major banks take the interest rate reduction credit. The credit market is still dominated large bank.
The decline in interest rate is difficult to quickly if the major banks can not adjust to the economic situation. During the market leader”(read: the major banks) is still adapting to the economic situation at this time, seem to decrease interest rate would not be visible even though BI rate down. Interest rate credit should go down in 3-4 months ahead,”said Director of Research and Settings Banking Bank Indonesia (BI) Halim Alamsyah in Jakarta yesterday (8 / 1).
Related credit risk, BI will make the analysis of probability of default (PB) from companies outside the company opens. During this BI to analyze the problem of companies listed on the exchange. Data”companies that we carefully because available data statistics. We are going to do when economic conditions impairment company whether or not to hold the fire,”said Halim.
According to him, the analysis is commonly used central bank and rating agencies. BI have a long series of data about the condition of the company. Pengukurannya a scale from 0 to 1. In this case, 0 means not affected anything. While 1 is affected so that it can go bankrupt. ”It will be a discussion with the banking sector in that this increased probability of default,”explained.
The head economist of Bank Mandiri Mirza Adityaswara estimate a decrease in interest on bank deposits will be big faster than smaller banks. This automatic berimbas at the time that is required in order to reduce credit interest rates. While this segmentation antarbank relatively severe. Funds are still concentrated in the major banks.
Finance Minister also recognize the banks are currently consolidating. Besides interest, the availability of liquidity affect credit growth. ”So, if interest rates go down, but economic prospects and liquidity pose a risk, usually the bank will also be more careful,”she said.