Indonesia Interest Rates

The Indonesian economy with a population of 238 Million (Est 2009) ranks 15th in the world with a GDP PPP of 962 billion and GDP PPP per capita of 4,151 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Indonesian rupiah (Rp)(IDR). Bank deposits held for a fixed term in Indonesia are called time deposits. According to CIA.gov its inflation was 9.9% in 2008 and 4.8% in 2009.

All banks in Indonesia participate in an Indonesian Deposit Insurance Corporation (DIC) scheme. This scheme guarantee covers demand deposits, certificates of deposit, time deposits and savings accounts on a per customer, per account basis for each bank. (http://www.bi.go.id)

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Indonesia Bank Interest Rates

Showing rates for 13 Bank deposit providers in Indonesia.
BankBranchFoundedOwnership
BII MaybankBII Maybank35001959Foreign
PaninBankPaninBank5011971Local
Bank Rakyat IndonesiaBank Rakyat Indonesia4241895Local
Commonwealth Bank IndonesiaCommonwealth Bank Indonesia911990Foreign
HSBC IndonesiaHSBC Indonesia461884Foreign
Bank MayoraBank Mayora341993Local
ANZ IndonesiaANZ Indonesia281973Foreign
Standard Chartered IndonesiaStandard Chartered Indonesia261863Foreign
Citibank IndonesiaCitibank Indonesia191918Foreign
BNI Bank Negara IndonesiaBNI Bank Negara Indonesia1,5851946Local

Indonesia Discussion Activity

  • Deposits
    Q: Is it safe to invest money in term deposits os 1000000 dollar and what would the interest ratebe for say 6 monthsthanks michael

    Michael from Australia
  • Bank Mandiri
    Q: I want to deposits the amounts of K200 Papua New Guinea it will cost how must Money in Indonesia rupees please help me with the exchange ratethank you for considerations and approval

    Pais from Papua New Guinea
  • Deposits
    Q: Can a foreigner open a bank account from Australia.Every year I stay in Bali 6 months so it be good to invest money in your banksAustralia don't compare with interest on yet deposit

    Steven allen from Ashcroft, Australia