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KM Financial Solutions | Indonesia eyes fintech regulation to avoid “loan shark-like” practices
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Indonesia eyes fintech regulation to avoid “loan shark-like” practices

12 Mar Indonesia eyes fintech regulation to avoid “loan shark-like” practices

Posted at 09:19h in News by
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JAKARTA, March 13 (Reuters) – Indonesia’s financial
regulator said it was considering setting a cap on interest
rates and the size of loans offered by fintech firms, in a move
aimed at minimizing the risk of defaults.

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