JIBOR Interest Rate (O/N, 1 month, 12 months) (%)  10.00 9.00 8.00 7.00 6.00 5.00  4.51  4.00  3.83  3.00  3.04 1  5 9 2015  1  5 9 2016  JIBOR O/N (IndONIA)  Data as of 20 November 2020 Source: Bank Indonesia  22  1  5 9 2017  1  5 9 2018  JIBOR 1 month  1  5 9 2019  1  5 9 2020  JIBOR 12 months  14 12  11.05 9.84 9.38 9.01  10 8 6  4.93 4 1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10 2015  2016  2017  Lending Rate Consumption Lending Rate  2018  Deposit Rate  2019  2020  Investment Lending Rate  Working Capital Lending Rate  Source: Bank Indonesia, compiled  thereby supporting credit growth and financing for the national economic recovery.
BIS Review 15/1998  -4-  Against the background of the relatively successful financial consolidation process of 1997 and the progress made during the course of the year towards reaching overall financial stability, it is understandable why the turmoil in the international currency markets after the East Asian crisis only had a limited effect on the South African situation.