INDONESIA - BANKING - BI to Apply Minimum Down Payment Regulation to Islamic Banks

www.bisnis.com - JAKARTA: After a minimum down payment credit policy applied to
conventional banks and multifinance since mid-June, Bank Indonesia will
ensure to apply similar regulation to Islamic banking.

Bank Indonesia (BI) Islamic Banking Department Executive Director Edy
Setiadi said the preparation of minimum down payment regulation for
Islamic Bank needs more time because this type