Bank Indonesia (BI) has issued Regulation No. 16/21/PBI/2014 on Implementation of Prudential Principles for the Management of Foreign Loans of Non-Bank Corporations (“Regulation”) to make improvements to BI Regulation No. 16/20/PBI/2014 (“Previous Regulation”) which previously regulated the same. [1]
Prudential Principles in Managing Foreign Loans Reregulated
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