President Director of PT Bank Central Asia Tbk, Jahja Setiaatmadja assess the banking industry could lower interest rates on deposits. It is associated with an appeal to the Financial Services Authority (FSA) that the big banks deposit interest rates to stop the war. "It should be (a decrease in deposit interest)," John said when met after the International Seminar: "befriending with The Boom-Bust Cycle" in Jakarta, Tuesday, September 23, 2014.
He acknowledged, that the interest of depositors is requested above average. However, when the credit can be held no higher than growth in third party funds, the funds will not need to make competing banks add liquidity through the lure of interest.
"If the lending bank has lowered the requirements do not really need one, it slowly (deposit rate down)," said John.
In the BCA itself, he continued, deposit rates have been lowered from the highest initially 9.25%, to 8.5% as of September 20114.
"We see the condition (to go down again)," he said.