The extraordinary liquidity easing by Bank Indonesia in remains circulated in the banking and money market, and is not yet channeled to the real sector in the form of credit. However, on the other hand, lowering interest rates and loosening liquidity played an important role in maintaining financial 23  BANK INDONESIA’S ANNUAL MEETING 2020  Graph 28.
LA / TPF Ratio per BUKU Bank 40  Graph 30.