INDONESIA - BANKING - Banks ‘held hostage’ by big depositors: Bank Indonesia

www.thejakartapost.com - Bank Indonesia (BI) has uncovered worrying evidence that the country’s
banks are being held hostage by their big clients, preventing them from
lowering their interest rates in line with the central bank’s low
interest-rate policy. BI Governor Darmin Nasution said that
based on the central bank’s survey, most banks could not cut their
interest rates to an affordable