Senin, 13 Agustus 2012

INDONESIA - BANKING - Shariah Included in Indonesian Bank Rule

www.thejakartaglobe.com - The country’s central bank will soon issue a regulation requiring
Shariah banks to toughen down payments on housing and automotive loans, a
deputy governor said on Sunday.

The requirement will be similar
to the implementation of the loan-to-value level applied to
conventional lenders for housing and vehicle loans issued on March 15
and took effect on June 15.

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