State-owned banks have restructured greater than Rp 120.86 trillion (US$8.05 billion) in loans to over 832,000 debtors in an effort to ease the influence of the COVID-19 pandemic on companies and people.
State-Owned Lenders Affiliation (Himbara) chairman Sunarso stated on Thursday that of all of the debtors, round 96 %, or 801,000, got here from the micro, small and medium segments accounting for Rp 87.36 trillion, some 72 % of the restructured loans. The remaining restructured loans have been to the buyer and wholesale segments.
“This includes small and medium enterprises [SMEs], micro loans, subsidized housing loans and the government micro credit program [KUR],” Sunarso advised Home of Representatives Fee VI overseeing state-owned enterprises (SOEs), commerce and funding.
In keeping with Himbara knowledge, Financial institution Rakyat Indonesia (BRI) restructured the larges…