Cempaka Business and Economy: BI Announces Measures to Relax Banks’ Lending Rules

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Saturday, January 31, 2009

BI Announces Measures to Relax Banks’ Lending Rules

The Jakarta Globe, Ardian Wibisono, January 31, 2009

The Bank Indonesia building in Jakarta. BI announced new measures on Friday designed to help sustain growth in the Indonesian economy. (Photo: Dimas Ardian, Bloomberg)

Indonesia’s central bank on Friday announced a set of measures to help banks keep the country’s economy growing in the difficult financial climate, including plans to boost their ability to lend to the nation’s small businesses.

Bank Indonesia also warned that 15 banks had about $4 billion of exposure to risky speculative investments, which it said were damaging the economy.

Muliaman D. Hadad, a BI deputy governor, speaking after a bankers’ meeting on Friday evening, said that it was important to maintain banks’ financing capacity, especially to small and medium enterprises, or SMEs, that he said would become the backbone of the economy in the crisis.

“We don’t want the banks’ ability to lend to decrease or this will become a barrier to the [government’s] target of 4 to 5 percent economic growth for this year,” Muliaman said. The central bank has already lowered the standards for banks to measure the risk on loans, or the risk-weighted ratio, for SMEs to enable lenders to provide more loans to businesses with the same amount of capital.

Muliaman said BI was now giving banks more latitude to gauge the credit-worthiness of small businesses.

Under the new policy, the risk calculation for SME loans of Rp 1 billion ($88,000) to Rp 20 billion would be based on a general assessment of a debtor’s cash flow to determine whether it had the ability to repay the loan.

“Before this, the risk calculation also included the debtor’s business prospects and financial performance,” Muliaman said “Banks must have a strong risk control system and a good capital adequacy ratio to use these new incentives.”

To prevent losses from speculation in derivatives and other exotic offshore investment products sold by domestic banks, BI will require lenders to report these instruments before bringing them to market.

“They should also explain their target market. We demand that only sophisticated customers be offered such products,” said Budi Mulia, another BI deputy governor.

Budi said that 15 banks currently had about $4 billion of exposure in speculative products. These investments were encouraging people to buy US dollars and were putting the rupiah — and the economy — under pressure, he said.

BI also eased requirements for bank mergers. Banks are required only to announce an acquisition and merger once and undergo a single fit-and-proper test, not two as before.

Agus Martowardojo, president director of state-owned PT Bank Mandiri Tbk, welcomed the new measures as “responding to bankers’ needs.”

But he also said that more regulations could be relaxed, citing a regulation that barred cross-ownership of banks and another limiting the kinds of businesses banks could invest in.

By relaxing the rules, “bankers can move more confidently,” he said.

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