Regulatory Alerts2013-10-01
Circular No. 15/41/DKMP concerning Calculation of Secondary Reserve Requirements and Reserve Requirements by Loan to Deposit Ratio in Rupiah
Bank Indonesia issued Circular No. 15/41/DKMP to establish the methodology for calculating secondary reserve requirements and reserve requirements based on the loan-to-deposit ratio in Rupiah. This directive mandates commercial banks to adhere to specific calculation standards for their Rupiah-denominated reserve obligations. The regulation serves as a macroprudential tool to manage liquidity and ensure financial stability within the Indonesian banking sector.
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