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BANK INDONESIA TO SET UP CREDIT INFORMATION CENTRE.
(From Asia Pulse)
JAKARTA, Feb 28 Asia Pulse - Bank Indonesia, the central bank, will set up a Credit Information Centre in March, 2005, in an effort to reduce the still high bank credit risk in the country, a central bank official has said.
"The centre will start applying the system of reporting data on debtors in March, and the data on debtors can be reported in April," the central bank's director for licensing and banking information Siti Fadjrijah said in a training for journalists in Cikampek, West Java, on Sunday.
According to Siti, 2,450 commercial bank offices have registered themselves to become the centre's members with data on about one …
