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Artos Bank Offers Highest Corporate Loan Interest Rate at 16.11 Percent

05/09/2016 11:29 WIB

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Top 10 Banks with the Highest Corporate SBDK as of June 2016

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Top 10 Banks with the Highest Corporate SBDK as of June 2016

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In June 2016, Bank Artos Indonesia set its base lending rate (BLR) for corporations at 16.11 percent, the highest among other banks. Prima Bank Master followed in second place with a rate of 14.79 percent, and Bank Sahabat Sampoerna was third at 14.5 percent. Small banks dominated the top ten banks with the highest corporate lending rates.

The government aims to achieve single-digit banking interest rates by the end of 2016. This is intended to stimulate the domestic economy, which is experiencing a slowdown.

"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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Artos Bank Offers Highest Corporate Loan Interest Rate at 16.11 Percent

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Artos Bank Offers Highest Corporate Loan Interest Rate at 16.11 Percent

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