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Wednesday, 25 Zulhijjah 1442 / 04 August 2021

LPS holds guaranteed deposit rate at 7.5 percent

Jumat 19 Dec 2014 23:48 WIB

Rep: Satya Festiani/ Red: Yeyen Rostiyani

Indonesian rupiah (illustration)

Indonesian rupiah (illustration)

Foto: ANTARA

REPUBLIKA.CO.ID, JAKARTA -- Deposit Insurance Corporation (LPS) decides to keep its maximum guaranteed rupiah deposit rate at 7.5 percent until January 14, 2015. The agency also holds its guaranteed dollar deposit rate at  1.5 percent.

"We have evaluated both rupiah and dollar guaranteed rate based on deposit market rate in general banks from November 17 to December 12," LPS's Secretary Samsu Adi Nugroho said on Friday, December 19. Within the period, rupiah deposit rate in general banks remained unchanged, while dollar deposit rate slightly decreased at 2 basis points (bps).

LPS also sees that banks have stable liquidity with the growth of third party funds (DPK) in line with Bank Indonesia's target. However, tight liquidity risk is still there. 

 

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