Incentives for Compensating SBIs Not Yet Set Up
Tuesday, 19 December, 2006 | 18:25 WIB

TEMPO Interactive, Jakarta: Bank Indonesia and the government are yet to set up incentives for state banks that have already removed their funds from Bank Indonesia Certificates (SBI).

“These are not set yet. However, they will be followed up on soon. I hope that there will be a meeting with banks by early January (next year),” said Deputy Governor of Bank Indonesia Siti Ch. Fadjrijah.

Some time ago, Vice President Jusuf Kalla has threatened that he would dismiss directors of state banks who were reluctant to disburse loans and just save their funds in SBIs.

Kalla said that the government has always evaluated the performance of state banks directors.

Although bank accounts indicate profits, the government will still evaluate banks performance as bad.

One of the evaluated matters was the disbursement of loans to the real sector.

The reason for this is that up until now, non-performing loans have resulted in no improvements in the real sector.

The disbursement of loans is expected to accelerate growth of the real sector.

SURYANI IKA SARI | AGOENG WIJAYA