Minister Dahlan Criticizes State-run Banks

Dahlan Iskan, mantan Menteri Badan Usaha Milik Negara.
Sumber :
  • VIVANews/Nurcholios Anhari Lubis

VIVAnews – Minister of State-Owned Enterprises (BUMN), Dahlan Iskan, viewed that the State-Owned Banks that could not lower its credit interest rate are managed by poor management. 

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“If they can’t lower (the credit interest rate), then it’s not efficient enough.  Of course the management is poor,” said Dahlan, on Thursday night, Feb 16. 

The Ministry of State-Owned Enterprises cannot force these banks to lower their credit interest rate.  The Ministry can only encourage and assist to lower the credit interest rate.  One way to do this is by assisting in solving the issue that has burdened these banks since the past 10 years, that is the recap bonds. 

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Dahlan, the Finance Minister and BI’s Governor have discussed intensively about the government bonds, and they have found a solution.  However, Dahlan gave no further explanation because the issue is finance-related. 

“The point is that the recap bonds that are still on variable rate have been burdening the banks.  That’s what we’re trying to solve together with the Finance Minister and BI’s Governor down to the completion models,” he said. 

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An advisor of the Ministry’s Public Policy, Sahala Lumban Gaol, explained that if the recap bonds issue is solved, then there’s a chance of lower credit interest rate because the banks’ cost of fund would be reduced.

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VIVA.co.id
19 April 2024