Our policy responses in the first corridor, safeguarding macro and financial stability, are manifested by macro prudential regulation. As I have explained earlier, as part of our policy mix, we have made effective Housing Loan to Value Auto Loan Down Payment regulations applied for conventional banks. 57.
The LTV is intended to mitigate financial system instability emanating from rapid credit growth in consumptive sectors, particularly in housing and automotive. To mitigate regulatory arbitrage, in near future we will release LTV and DP applied for Islamic banks and Islamic unit of conventional banks. 58.