Indonesia to redefine 'deposit' to aid banks’ LDRs

Bank Indonesia is planning to changes its existing definition of deposit in a bid to cool off an interest rate war in the country and increase bank liquidity.

By Daniel Flatt

Feb 24, 2014

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Indonesia’s central bank is considering widening its definition of what it classes a deposit. The bank is keen to increase liquidity among lenders in the country and has acknowledged broadening the definition on a par with global peers could help this.

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