OJK Says Super El Nino Could Increase Bank NPLs
JAKARTA, Jakartaweekly.com–The Indonesia Financial Services Authority, OJK, said that climate risks such as Super El Nino could increase the risk of non-performing loans (NPLs). Head of OJK’s Banking Supervision Executive Dian Ediana Rae explained that the El Nino phenomenon needs to be considered as one of the risks that warrants attention, particularly because it could […]
