Prabowo Urges State Banks to Prioritize Public Benefit Over Profit, Focus on SMEs
Indonesian President Prabowo Subianto has instructed the Association of State-Owned Banks (Himbara) to prioritize public benefit, particularly for Micro, Small, and Medium Enterprises (MSMEs), over solely pursuing profits. He urged for improved financial access for these businesses, citing concerns over higher interest rates compared to large corporations.
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