“Until the second week of February 2025, BI has provided this incentive of Rp295 trillion (US$ 18 billion), an increase by Rp36 trillion from Rp259 trillion at the end of October 2024,” Perry said on Wednesday, February 19, 2025.
The incentives were mostly given to private banks at Rp131.9 trillion, State-owned enterprise (SOEs) bank group at Rp129.2 trillion, regional development banks (BPD) at Rp28.7 trillion and foreign bank branches (KCBA) at Rp4.9 trillion.
KLM since January 1, 2025 is directed to encourage bank credit to support growth and job creation sectors. These sectors include…