Global Trade Alert
Global Trade Alert

Indonesia: 2015 interest rate cut on SME loans

Announcement

26 Jun 2015

In June 2015, the government of Indonesia announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Oct 2015

Revocation date:

31 Dec 2015

Last action: 26 Jun 2015
Interest payment subsidy
On 26 June 2015, the Indonesian Ministry of Finance announced it would cut loan rates on micro loans for small and medium-sized businesses ("People's Business Credit") nearly by half from 22 to 12%....
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