LPS Kerek Bunga Penjaminan Dolar dan Rupiah di Bank Umum Hingga BPR

Summary

The Deposit Insurance Corporation (LPS) has announced a 25 basis point increase in the guarantee interest rate for rupiah deposits in commercial and rural banks, effective from October 1, 2022, to January 31, 2023. The rate for foreign currency deposits in commercial banks will rise by 50 basis points. This decision is influenced by rising market interest rates, the need to maintain banking resilience amid declining deposit growth, and external risk factors. LPS continues to monitor the financial landscape and coordinate with monetary and fiscal authorities to support sustainable economic recovery.

Takeaways

• 😀 The Deposit Insurance Corporation (LPS) has raised the guarantee interest rates for rupiah deposits in commercial and rural banks by 25 basis points.
• 😀 The guarantee interest rate for foreign currency deposits in commercial banks has been increased by 50 basis points.
• 😀 For commercial banks, the new guarantee interest rate for rupiah deposits is 3.75%, while foreign currency deposits are set at 0.75%.
• 😀 Rural banks will have a guarantee interest rate of up to 6.25% for rupiah deposits.
• 😀 The policy will remain in effect from October 1, 2022, to January 31, 2023.
• 😀 The decision to raise interest rates comes after an increase in rupiah deposit market interest rates and faster growth in foreign currency deposits.
• 😀 Banking resilience remains strong with adequate capital and liquidity, though DPK growth has started to decline.
• 😀 The stability of the national financial system is maintained, despite growing external risk factors and inflationary pressures.
• 😀 LPS is closely monitoring the development and response of banking deposit interest rates.
• 😀 LPS continues to work on maintaining policy synergy across monetary and fiscal authorities to foster a faster and more sustainable economic recovery.

Q & A

Why did the Deposit Insurance Corporation (LPS) decide to raise the rupiah guarantee interest rate?

The LPS raised the rupiah guarantee interest rate by 25 basis points due to an increase in rupiah deposit market interest rates and a faster growth in foreign currency deposits.

What changes were made to the guarantee interest rates for commercial and rural banks?

For commercial banks, the rupiah guarantee interest rate was raised to 3.75%, while for rural banks, it was increased to 6.25%. For foreign currency deposits in commercial banks, the interest rate was raised to 0.75%.

What is the period for which the new guarantee interest rate policy will be valid?

The new guarantee interest rate policy will be valid from October 1, 2022, to January 31, 2023.

What factors did the LPS board consider when determining the new guarantee interest rates?

The LPS board considered the increase in rupiah deposit market interest rates, the faster growth of foreign currency deposits, banking resilience with adequate capital and liquidity, and the need to anticipate declining DPK growth rates.

How does the LPS monitor and respond to changes in deposit interest rates?

The LPS continues to monitor the development and response of banking deposit interest rates, ensuring that their policies are in sync with monetary and fiscal authorities to support sustainable economic recovery.

How does the LPS plan to support economic recovery with its policy changes?

By maintaining policy synergy across monetary and fiscal authorities, the LPS aims to support faster and more sustainable economic recovery.

What is the significance of the 50 basis points increase in foreign currency deposit rates?

The 50 basis points increase in foreign currency deposit rates in commercial banks reflects the LPS's response to the growing demand for foreign currency deposits and aims to maintain banking system stability.

What is the role of the LPS in maintaining financial system stability?

The LPS plays a crucial role in ensuring the stability of the national financial system by monitoring the health of the banking sector, maintaining adequate liquidity, and responding to external risks and inflationary pressures.

What are DPK growth rates, and why are they important in this context?

DPK (Dana Pihak Ketiga or third-party funds) growth rates refer to the rate at which deposits in banks increase. LPS is concerned about declining DPK growth rates as they signal potential vulnerabilities in the banking system's stability.

How does the LPS ensure the resilience of the banking sector?

The LPS ensures banking sector resilience by maintaining adequate capital and liquidity, while monitoring external risk factors such as inflation and ensuring that deposit growth remains stable.