Bank Indonesia (BI) announced that the credit contraction as of February this year is getting deeper.

PT Graha Layar Prima Tbk (BLTZ) obtained a credit facility worth Rp280 billion from PT Bank Shinhan Indonesia on March 8, 2021.

To spur economic movement in line with the government and financial regulators' direction, PT Bank Tabungan Negara (Persero) Tbk cut interest by 270 basis points (bps).

PT Sarana Menara Nusantara Tbk (TOWR), through its subsidiary PT Profesional Telekomunikasi Indonesia, signed a revolving loan credit agreement with PT Bank Maybank Indonesia Tbk a ceiling of Rp500 billion on February 19, 2021. The credit agreement has a maturity date of February 19, 2022