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Home»Law and Cases»Legislation»Decision of the Board of Executive Directors of the Bank of Indonesia No. 31/164/KEP/DIR regarding farm business credits.
Decision of the Board of Executive Directors of the Bank of Indonesia No. 31/164/KEP/DIR regarding farm business credits.
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Bearing in mind the Letter of the Minister of Finance on distribution of interest on farmers business credits and the importance of improving supply of working capital to cooperatives and other farmers groups, in order to support investment in production of food, the Board of the Bank of Indonesia issues the present Decision. A credit, named KUT, shall be extended through operating banks, to farmers associated in farmer groups in order to finance increase in production of rice, secondary crops a
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Decision of the Board of Executive Directors of the Bank of Indonesia No. 31/164/KEP/DIR regarding farm business credits.