Lebaran: Five Banks Prepare Rp 187 Trillion in Cash

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13/06/2017 13:43 WIB

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Cash Supply Anticipation for 2017 Eid al-Fitr in 5 Major Banks

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Cash Supply Anticipation for 2017 Eid al-Fitr in 5 Major Banks

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Five major banks have prepared approximately Rp 187 trillion in cash reserves in anticipation of Ramadan and the 2017 Eid al-Fitr celebrations. Bank Negara Indonesia (BNI) has prepared Rp 67 trillion in cash to meet customer demand ahead of Eid al-Fitr 2017, Bank Central Asia (BCA) Rp 44 trillion, and Bank Tabungan Negara (BTN) Rp 29.4 trillion. Similarly, Bank Mandiri has prepared an additional Rp 23.5 trillion, and Bank Rakyat Indonesia (BRI) Rp 23 trillion.

(Read Databoks: Anticipating Lebaran, BI Releases Rp 167 Trillion in Cash)

Public demand for cash increases during Ramadan and in the lead-up to Eid al-Fitr. Besides daily needs, there is demand for cash to pay employee salaries, holiday allowances, and school fees ahead of the 2017/2018 academic year. Furthermore, the tradition of *mudik* (returning to one's hometown) for Eid al-Fitr celebrations and the long holiday from June 25th to 30th have prompted banks to increase their cash supply to meet customer needs, both through branch offices and Automated Teller Machines (ATMs).

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Lebaran: Five Banks Prepare Rp 187 Trillion in Cash

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Lebaran: Five Banks Prepare Rp 187 Trillion in Cash

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DKI Jakarta Holds the Largest Public Bank Deposits in Indonesia as of September 2025

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BRI's Profit Hits Rp40.77 Trillion in Q3 2025, Down 9.51%

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