TEMPO Interactive, Jakarta: The increase of banking loan disbursement to the real sector must be supported by a decrease of the law risk perception that is considered as high.<\/p>\n
The reason is that the potential for debtors to fail to repay was still high.<\/p>\n
Hikmahanto Juwana, a legal expert from the University of Indonesia, said that the management of state-owned banks were worried if their debtors failed to pay.<\/p>\n
\u201cThey are afraid of being indicted,\u201d he said in a seminar entitled \u201cIndonesian Economics 10 Years After the Crisis\u201d yesterday (01\/17) in Jakarta.<\/p>\n
In his opinion, even if Bank Indonesia eased loan regulations, the legal risk perception will still be \u201cfrightening\u201d.<\/p>\n
That is why credit disbursement to real sector will still remain stagnant.<\/p>\n
\u201cWithout paying attention to corruption eradication, legal risk perception must be lowered,\u201d said this Dean of the Faculty of Law of University of Indonesia.<\/p>\n
Hartadi A. Sarwono, Deputy Governor of Bank Indonesia, acknowledged that state-owned banks' prudence was affected by the high legal risk factor should there be failure topay.<\/p>\n
\u201cThis is the government's job,\u201d he said.<\/p>\n
As the banking authority, in his opinion, Bank Indonesia has issued policies that supported bank intermediation to the real sector.<\/p>\n
However, he said, without any support from another agencies, regulations will not be enough.<\/p>\n
Hartadi went on to say that decreases in the BI Rate will not automatically boost loan disbursement to the real sector.<\/p>\n
ANTON APRIANTO<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/legal-risks-for-loans-must-be-lowered-1169174047", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }