Investor Presentaiton
Macroprudential Liquidity Buffer (MLB) Policy and Credit card policy
Policy to increase the Macroprudential Liquidity Buffer (MPLB), effective 1st May 2020.
Regulation
1 Increase in the Macroprudential Liquidity Buffer
(MLB) for conventional commercial banks
2
Before
After
6% of rupiah deposits
4% of rupiah deposits
Increase in the Macroprudential Liquidity Buffer
(MLB) for Islamic banks and Islamic business units
4% of rupiah deposits
4.5% of rupiah deposits
Credit card policy, effective 1st May 2020.
Regulation
1
Lower upper limit on credit card interest
2
Temporary reduction of minimum payment
requirements
Before
2.25% per month
10%
3
Temporary reduction of late payment penalties
3% or maximum of
Rp150,000
4
Supporting credit card issuer policy to extend the
due date for customers
After
1.75% per month
5%
1% or maximum of
Rp100,000
Issuer discretion
Effective Period
1st July 2021
1st May 2020 - 31st December 2020
1st May 2020 - 31st December 2021
1st May 2020 - 31st December 2020
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