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LPS has paid deposit of liquidation bank customers

20 February 2020 11:56

JAKARTA - The Indonesia Deposit Insurance Corporation (LPS) has paid claims of liquidated bank customer deposits amounting to Rp 1.56 trillion up to January 31, 2020. The number of banks that have been liquidated up to January 30, 2020 is 102 bank units consisting of 1 commercial bank and 101 Rural Credit Banks (BPR) and Islamic BPR.

In the LPS press release quoted Thursday (20/2), LPS recorded the number of bank customer deposit claims amounting to Rp 1.92 trillion from 102 banks. Of this number, approximately 81% or Rp 1.56 trillion was declared worthy of payment and had been paid to 242,022 bank customers, while approximately 19% or Rp. 362.08 billion owned by 17,155 customers were declared as not complying with the terms of the savings loan borne by LPS.

Muhamad Yusron, Secretary of the LPS, said that customer claims were not paid because most of the deposit interest rates received by customers exceeded the LPS guarantor interest rate of 76.98% of total deposits of Rp 278.75 billion, another cause was that the customer caused the bank to fail to pay approximately 13, 34% or equivalent to Rp 48.30 billion, and customer deposits are not recorded at the bank approximately 9.6% or Rp 35.02 billion. (LK)

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