BI and 8 Banks to Launch Central Counterparty on 30th September 2024 | KF Map – Digital Map for Property and Infrastructure in Indonesia
BI and 8 Banks to Launch Central Counterparty on 30th September 2024
Thursday, 12 September 2024

The Bank of Indonesia (BI) will soon launch an institution to manage the money and foreign exchange markets in Indonesia, known as the Central Counterparty (CCP). CCP will be launched on 30th September 2024 with 8 banks to join and contribute the initial capital. CCP is expected to benefit Indonesia by increasing the transaction volume in the money and foreign exchange markets, reduce loan risks, increase prices or interest rates and decrease governmental loan costs.

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