Bank Rakyat Indonesia (Persero) Tbk PT
Bank Rakyat Indonesia
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Bank Rakyat Indonesia (Persero) Tbk PT (ticker: BBRI.JK, exchange: Privately Held) News Release - 2-Apr-2007

Bank Indonesia Eases Lending Rules for Banks to Boost Credit

April 2 (Bloomberg) -- Indonesia's central bank eased a rule that curbs lending to borrowers who have defaulted as it aims to accelerate loan growth in Southeast Asia's biggest economy.

Starting today, the central bank applied an exception to the lending curbs rule and said banks could offer loans ``if a borrower has different projects and there is a clear separation of cash flows between each of the projects,'' the central bank said in a statement today.