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Dec 08, 2016 12:22:47

BCA ($BBCA) to review lowering interest rates next year

BBCA states that it will be quite difficult to lower interest rates during the last few weeks of the year, the bank will review lowering interest rates again next year. As per Nov16, corporate lending rates have declined by 50bps to become 9.75% over the past year while retail lending rates have declined by 100bps to 10.5%. Meanwhile, in the consumer segment, mortgage rates have declined by 25bps to become 10% while non-mortgage lending rates have declined by 195bps to become 6.68%. (Bisnis Indonesia)

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