2022 State Budget and Fiscal Incentives Presentation
Loan Restructuring Extension
under POJK No.17/2021
Rationality
> Avoid Cliff Effect
Push factor to the
economy
☛ Higher certainty in
preparing 2022
Business Plan
POJK
11/2020
1
POJK
48/2020
2
POJK
17/2021
March 2020
December 2020
Key Points on the Stimulus
September
2021
Applicability
Extension period from
31 March 2022 to 31
March 2023
✓ Applicable for
Commercial Banks and
Rural Banks
LOAN QUALITY ASSESSMENT
Loan quality assessment with 1 pillar only for
loan with a ceiling of ≤IDR 10 Billion
□ Loan quality on restructuring of loan and/or
financing to Covid-19 affected debtors is
determined to be “Current” since restructured
Banks can provide new loan/financing/providing
other funds to debtors affected by COVID-19
without applying uniform classification
RISK MANAGEMENT
Specific Criteria for
Restructuring Debtors
❖ Adequacy of Loan Provision
✰ Dividend Distribution
Prerequisites
✰ Stress testing: The impact of
restructuring on capital and
liquidity
Source: Financial Service Authority (OJK)
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