LPS & BI Rate

And the circular Lembaga Penjamin Simpanan (LPS) No. 21 Tahun 2019 regarding Determination of Reasonable Interest Rate for Deposits in commercial banks, it is hereby notified as follows:

BANK
EXPLANATION
MAXIMUM INTEREST RATE GUARANTEE (Rupiah)
MAXIMUM INTEREST RATE GUARANTEE (US $)
6.25 %
1.75 %
  1. Reasonable interest rate savings apply to November 20, 2019 until January 24, 2020
  2. In accordance with PLPS No. 1 / PLPS / 2018, Each Bank is required to place announcements in all bank offices that can be easily known by depositors regarding the maximum interest rate of the Guarantor and the maximum value of deposits
  3. If the Bank provides interest rates on deposits exceeding the Guarantee Level, the intended customer deposits are not guaranteed by LPS.