Institutions - Bank Sentral Republik Indonesia
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August 17, 2017
 BANKING INSTITUTION IN INDONESIA
 

Banks are special and therefore must run business based on prudential principles.  The functions of banks in Indonesia are basically as financial intermediary that take deposits from surplus units and channel financing to deficit units. According to Indonesian banking law, Indonesian banking institutions are typically classified into commercial and rural banks. Commercial banks differ with rural banks in the sense that the latter do not involve directly in payment system and have restricted operational area. In term of operational definition, bank in Indonesia are classified into non-syariah and syariah-based principles commercial banks
 
Recapitulation of Banking Institutions in Indonesia October 2011​

 

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