Rule · BI · 24 Sep 2013

Circular No. 15/40/DKMP on Risk Management for Banks Providing Credit, Property, Consumption, and Motorized Vehicle Financing

Bank Indonesia issued Circular No. 15/40/DKMP to establish risk management standards for banks offering credit extension, property ownership financing, consumption credit, and motorized vehicle financing. The regulation mandates that these institutions implement specific risk management frameworks tailored to the distinct characteristics of collateralized property and vehicle loans. This directive aims to enhance the stability and soundness of the banking sector by ensuring comprehensive oversight of these specific credit portfolios.

IndonesiaBank Indonesia

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Source: Bank Indonesia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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