Baca berita tanpa iklan. Gabung
Tentukan Pilihanmu
0 hari menuju
Pemilu 2024
March 17, 2023, 12.51 PM

JAKARTA, - Indonesia's strong financial stability has left it unaffected by the closure of Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank in the United States, Governor of Bank Indonesia (BI) Perry Warjiyo said. 

"The results of our stress test simulation conclude that Indonesia's financial system stability is resilient in facing this global turmoil, including the impact of the three banks," Warjiyo said during the announcement of the results of the BI Board of Governors' Meeting in March 2023, which was monitored online in Jakarta on Thursday, March 16.

Overall, the results of stress tests conducted by central bank show that the banking conditions in Indonesia are resilient to the impact of the closure of the three US banks.

Also readRenewable Energy Transition Requires $3.5 Trillion in Investment Per Year: Bank Indonesia

Indonesia's strong financial stability is supported by diversified deposit funding, which strengthens funding resilience in Indonesian banks. Almost no banks in the country have US treasury bonds, so the direct impact is very limited.

"The risk of direct impact is almost zero. Most of our banks do not invest funds in these three banks. We are also not depositors of these three banks, so there is no direct impact," he said.

Furthermore, the capital adequacy ratio (CAR) of banks in Indonesia is also high, reaching 25.88 percent.

Another supporting factor is the ownership of Government Securities (SBN) that has undergone good risk management, namely the shift from available-for-sale (AFS) to hold-to-maturity (HTM). Meanwhile, for the valuation risk, there is already an allowance for impairment losses (CKPN).

Also readIndonesia Inflation May Plunge to 1.5%-3.5% in 2024: Central Bank

However, Warjiyo said he needs to be aware of the impact of market and investor expectations or perceptions of the turmoil from the banks' fall. Hence, BI continues to manage this perception by stabilizing the rupiah exchange rate through intervention and coordination with stakeholders, including the Ministry of Finance.

Baca berita tanpa iklan. Gabung

Baca berita tanpa iklan. Gabung
Comment wisely and responsibly. Comments are entirely the responsibility of the commentator as regulated in the ITE Law
Thank You! We have received your report. We will remove comments that conflict with the Community Guidelines and the ITE Law.

More Headlines

Baca berita tanpa iklan. Gabung
Baca berita tanpa iklan. Gabung
Baca berita tanpa iklan. Gabung
Baca berita tanpa iklan. Gabung
Close Ads
Baca berita tanpa iklan. Gabung