SHEET COUNTRY
REPUBLIC OF INDONESIA
| No. 150, 2008 | (Explanation in Additional State Sheet of the Republic of Indonesia Number 4908) |
BANK INDONESIA RULES
NUMBER: 10 /23/PBI/2008
ABOUT
THE SECOND CHANGE TO INDONESIA ' S BANK REGULATIONS NUMBER 6/21/PBI/2004 ABOUT GIRO
MINIMUM MANDATORY IN RUPIAH AND FOREIGN EXCHANGE FOR THE PUBLIC BANK CARRYING OUT
VENTURE ACTIVITIES BASED ON THE SHARIA PRINCIPLE
WITH THE GRACE OF THE ALMIGHTY GOD
GOVERNOR OF THE BANK OF INDONESIA,
.,, weighed: a. that the economic conditions globally have experienced a financial crisis that could potentially have an impact on the national financial and banking system;
., b. that it is necessary to maintain the public trust of the national financial and banking system by maintaining sufficient availability of funds (liquidity), whether or not for banking or economic offenders in Indonesia;
., c. that liquidity control through the adjustment of central bank monetary instruments is a mandatory minimum of mandatory giro, which is one option (option) to maintain liquidity availability for banking offenders and economic offenders. in Indonesia, especially in terms of the availability of foreign exchange funds in the market;
., d. that the applicable minimum mandatory giro needs to be adjusted to the conditions of banking liquidity, the ability of the bank to perform intermediation functions and the direction of the Bank Indonesia policy;
., e. that under consideration as in item a, item b and item c, it is necessary to make a second change regarding the minimum mandatory giro provision in the rupiah and foreign exchange for the public bank that carries out the activities of the effort based on the principle of sharia in an Indonesian Bank Regulation;
.,, Given: 1. Law No. 23 of 1999 on Bank Indonesia (Sheet State Republic Indonesia Year 1999 Number 66, Additional State Sheet Number 3843) as amended by Act No. 3 of 2004 (State Sheet) Republic Of Indonesia 2004 Number 7, Additional State Sheet Number 4357);
., 2. Law No. 21 of 2008 on Sharia Banking (State Sheet of the Republic of Indonesia 2008 No. 94, Additional Gazette of the Republic of Indonesia No. 4867);
DECIDED:
.,, Setting: INDONESIAN BANK REGULATIONS ON THE SECOND CHANGE IN INDONESIA ' S BANK REGULATION NUMBER 6/21/PBI/2004 ABOUT GIRO MANDATORY MINIMUM IN RUPIAH AND FOREIGN EXCHANGE FOR PUBLIC BANKS CARRYING OUT VENTURE ACTIVITIES BASED ON THE PRINCIPLE OF SHARIA.
Section 1
The provisions of Article 4 in the Bank Indonesia Regulation No. 6/21/PBI/2004 On the Giro Wajib Minimum In Rupiah And Foreign Valuta For the General Bank Carrying Out Business Activities Based On The Principle Of Sharia (sheet Of State Of The Republic Of Indonesia In 2004) Number 73, Addition Of State Sheet Indonesia No. 4404) as amended by Indonesian Bank Regulation Number 8/23/PBI/2006 on Changes to Indonesia Bank Regulation No. 6/21/PBI/2004 About the Giro Wajib Minimum In Rupiah And Foreign Exchange for the Public Bank, which Performs Business Activities Based On Principle Sharia (sheet of State of Republic of Indonesia in 2006 Number 80, Additional Gazette of the Republic of Indonesia Number 4649) is changed as follows:
.,,
" Article 4
The GWM in the foreign exchange as referred to in Article 2 of the paragraph (2) is set at 1% (one percent) of the DPK in foreign exchange. "
Section II
The Bank of Indonesia's regulations entered into force on the set date and retroactive since 13 October 2008.
In order for everyone to know, order the invitational of the Bank of Indonesia Regulation with its placement in the Republic of Indonesia State Sheet.
.,, Set in Jakarta
On October 16, 2008
INDONESIAN BANK GOVERNOR,
Boediono.
Promulgated in Jakarta
On October 16, 2008
MINISTER OF LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA,
ANDI MATTALATTA
ADDITIONAL
STATE SHEET RI
| No. 4908 | (explanation Of State Sheet 2008 Number 150) |
EXPLANATION
Above
BANK INDONESIA RULES
NUMBER: 10 /23/PBI/2008
ABOUT
THE SECOND CHANGE TO INDONESIA ' S BANK REGULATIONS NUMBER 6/21/PBI/2004 ABOUT GIRO
MINIMUM MANDATORY IN RUPIAH AND FOREIGN EXCHANGE FOR THE PUBLIC BANK CARRYING OUT
BUSINESS ACTIVITIES BASED ON THE PRINCIPLE OF SHARIA
I. UMUM
.,, the current global economic conditions are experiencing financial crises as a result of the continued impact of the subprime mortgage case in the United States financial institutions, and the financial and banking systems. National.
.,, the creation of public trust in the national financial and banking system by means of a liquidity-availability control effort (liquidity) is one of the most important and useful actions for the national economic abusers.
.,, efforts to control the availability of funds to meet the needs of the national economic abusers, including those for banking perpetrators among others to do so by implementing the central bank's monetary instrument adjustment of the quantity of maintenance The minimum mandatory giro must be kept at the Bank of Indonesia.
.,, as one of the monetary instruments, the designation of the minimum mandatory giro policy, can be adjusted from time to time in accordance with the conditions of banking liquidity, the ability of the bank to perform intermediation functions, and the direction of the Indonesian Bank policy in A global or national economic situation that affects the national financial and banking systems.
., on the way with that above, by considering the economic conditions and conditions of these adult banking liquidity, it is considered necessary to make adjustments of the minimum mandatory maintenance of giro maintenance at the Bank of Indonesia for the general bank. carrying out efforts activities based on the principle of sharia.
SECTION BY SECTION
Section I
.,, Section 4
.,, pretty clear
Section II
.,, pretty clear.
