Increasing economic activity and public mobility have improved risk perception in the banking industry, prompting lower interest rates on new loans. Bank Indonesia expects the banking industry to continue lowering lending rates as part of the joint efforts to revive lending to the corporate sector. Financial system resilience is solid, accompanied by a gradual revival of the banking intermediation function.
A digital euro would be a digital equivalent of banknotes. It would provide citizens with costless access to a simple, risk-free and trusted digital form of central bank money. It would both shape and promote the digitalisation of payments, in turn supporting the modernisation of the European economy.