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the financial services authority

The national banking industry needs to implement good governance, risk management and the precautionary principle. In addition, the capital adequacy ratio and liquidity availability should be maintained.

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Banks Asked to Ready Anticipatory Measures

The national banking industry needs to implement good governance, risk management and the precautionary principle. In addition, the capital adequacy ratio and liquidity availability should be maintained.

Closure of Silicon Valley Bank Will Not Directly Impact Indonesia

The closure of SVB was expected to have no direct impact on Indonesian banks that did not have business ties, facility lines, or investments in SVB securities.

Financial Sector Law Enforcement

The financial sector plays a very significant role in driving a country's economic growth. Therefore, rules and law enforcement in financial sector activities must be able to create legal certainty.

Alarm of Economic Recession

Statistics Indonesia (BPS) has announced that the economy contracted in the third quarter by 3.49 percent year-on-year (yoy), meaning that Indonesia has entered a recession.

Sources of Funding Are Not Controlled

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