Rising Credit Interest, Slow Entrepreneur Expansion, More Competitive P2P Lending

After Bank Indonesia (BI) decided to raise the benchmark interest rate or BI-7RR Reverse Repo Rate (BI-7DRR) by 25 basis points to 5.75 percent, a number of businessmen in the banking sector were preparing to raise their lending rates. This condition is considered unprofitable for entrepreneurs, the public and the government. For this reason, according […]