Well ... Islamic Banks Would Be Subject To The Rules Of High DP KPR

Jakarta, Indonesia -Bank Indonesia (BI) turned out to be central processing rules that oblige Islamic banks with cash advance aka down payment (DP) high for home ownership Credit (KPR) and motor vehicle credit as a conventional bank.

Governor Darmin Nasution, explaining the rules of BI was enacted to Islamic banks as a form of crisis that turned out to be anticipation also attacked the banking industry and mengihindari the existence of arbitration or the customer transfer.

"This boils down to don't get any arbitration, the line from this dont get away with banking, from banking reached, do not let that happen. Policy that there should be no doors that close it but there are doors that open them. Meaning in Islamic banking, there must be a way that LTV it applies. So do again asked how gmn, yes it's true that we make, "said Darmin.

Darmin convey it when found reporters in the building For the economy, Bull, Jakarta, Wednesday (15/8/2012).

Darmin, when rules explained Loan to Value for conventional banking issued BI see a consumption credit growth is quite high. LTV is itself a figure the ratio between the credit score that can be given by the Bank against the value of the collateral at the time of the initial grant of credit. In other words, the bank did not give full credit but there are contributions from the borrower clients.

"So which one needs to be reduced? Yes, that's her choice, consumption "bright Darmin.

Further rules for LTV Darmin confirms Islamic banks will soon to be released this year as well. "Yes, hopefully by the end of quarter III-2012," close Darmin.

As known, the rule has been enforced to bank LTV common. LTV ratio, i.e. the ratio between the credit score numbers can be given by the Bank against the value of the collateral at the time of the initial grant of credit, set a maximum of 70%.

The scope of the dimakud credit MORTGAGES include consumption stayed home ownership, including flats or apartments but not including Home Office and home stores, with more than 70 buildings type m2 (seventy square meters). Arrangements concerning LTV MORTGAGES in order to exclude the implementation of Government housing program.

In the meantime, to DP for KKB set as follows (i) For a minimum of two-wheeled DP by 25%, (ii) a minimum of four-wheeled DP 30%, and (iii) the wheel of four or more for the purpose of earning a minimum of 20% DP.

For the purposes of explanation appropriate Circulars setting produktf, is, when it meets one of the following provisos (a) A vehicle transport persons or goods which have a permit issued by the authorities to carry out certain business activities, or (b) submitted by the individual or legal entity that has a business license issued by certain authorities and used to support the operational activities of the business.

(dru/dnl)