Bank Prefers Restructurisation

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Reporter: Andono Wibisono

The results of Hearing Meeting (RDP) of Palu City Council, the

Pasigala Disaster Victim Debtor Forum and Banking Leaders, Central Sulawesi

IJK, on ​​January 15, 2019 in the plenary meeting room were chaired by

the Chairman of the City Council, H Ishak Cae, Reo and other deputy leaders. It

was also attended by Head of Bank Indonesia Representative in Central Sulawesi,

Mr Miyono.

The following RDP results can be submitted to this group,

namely;

Forum of debtor requests that there is “Demand or Moratorium

on Billing of Credit to Debtors before there are official decisions of the Republic of Indonesia Government.

The time lapse

(Moratorium) aims to give opportunities to the debtors to get back up and be

economically strong.

Forum of Debtor requests the political support to the city

council

in issuing a Recommendation Letter

to the President of

Republic Indonesia concerning

the write-off of debtor loans in Banking and IJK.

Forum of Debtor also invites the City Council together to

face the Chair of Indonesian Disaster Unit – Jusuf Kalla as well as the Forum Coordination that

has been built with the Secretariat of the Indonesian Vice President.

EXPLANATION OF BANKING PARTY / IJK:

  1. The Banking Party still relies on POJK Number 045 Year 2017

which submits policy to the banks in providing the Debt Loans or in other words

Restructuring;

  1. Up to 108 today, bank are still running in accordance with

POJK Number 045 of 2017 before there are official decisions for the government of

post-disaster debtors;

  1. The administrated cultural banks; Mr. Rahmat stated that there were 45

thousand debtors of Central Sulawesi Banks. The Credit Restructuring Policy Jointly with Debtors. Some have

delayed two months to two years. He hopes the Debtor could work together for

the restructuring;

  1.  Head of BRI Palu Branch; Stating that at Pasigala there are

61 thousand debtors which 25 thousands of them refused to restructure with

variation of excuses. BRI at Pasigala disburses a total of 5 trillion rupiah in

loans. They agree for credit to be written-off for the hugely-affected

victims of the disaster;

  1. The Rural Banks (BPR) supports the forum steps on the

debtor’s

demand for credit

write-off to

the Central Government, namely the Indonesian government;

  1.   Head of BTN Palu Branch; There are 6 thousand debtors which have been

given a restructuring from two months to two years due to the disaster and 7.7

thousand BTN directly-affected debtors. That is, the house is severely damaged, medium and

low. BTN Palu Branch requests collaboration of debtor forum to request the members to become BTN

Debtors to immediately come to BTN office in negotiating the restructuring.

STATEMENT OF CHAIRMAN OF ISHAK CAE :

  1. In accordance with Presidential Decree No. 14 of 2015 and

Presidential Decree No. 17 of 201 expressed that people’s business

credits (KUR) that are loss for two months will be replaced by Askrindo as the party

which holds credit at risk of being jammed;

  1. However, according to Head of BRI, it is not two months, but

108 KUR days that are threatened with loss are proposed for Askrindo to be

bailed out. Askrindo is an insurance of BUMN;

Majority of City Council members supports the Struggle of

Debtor Forum for credit write-off at Pasigala.

CONCLUSION:

  1. Banks will do restructuring with debtors. We will

utilize it in accordance with the ability/issue/construction of any members. In

the process of the debtor’s restructuring, it should not be in forced

circumstances;

  1. The restructuring process is only for ‘Temporary’ as

we will continue to struggle to the government of Republic of Indonesia. The

purpose is empowering the economy community in the under level;

  1. Requiring full power of all members of debtors which

demands the credit write-off by Central Government

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