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
Bank MandiriBank Mandiri1,3701998Local

Indonesia Discussion Activity

  • Deposits
    Q: I am a Singaporean living in Singapore. Can I invest in an Indonesian Term Deposit in nearby Batam orBintan Island? What are the interest rates?

    C.P.BOH from Singapore, Singapore
  • Deposits
    Q: Can Australian citizens invest in a Indonesian term Deposit? If so do they have to pay tax on the investment?What if any guarantees are there for the return of original money invested?

    Stephen from Australia
  • BNI Bank Negara Indonesia - Deposits - BNI 3 Month Term Deposit
    Q: What are rates for term deposits if a person puts a term deposit in a Australian BNI Bank

    Ross Beattie from Southport, Australia