WORLD TRADE
ORGANIZATIONS/C/N/80
30 October 1998
(98-4336)
Council for Trade in Services Original:  English
NOTIFICATION PURSUANT TO ARTICLE III:3 OF THE
GENERAL AGREEMENT ON TRADE IN SERVICES
The attached notification on regulations dating from 1997 has been submitted to the Council
for Trade in Services by Indonesia pursuant to its obligations under paragraph 3 of Article III of the
GATS.
_______________
1. Member Notifying:
Indonesia
2. Notification under:
GATS Article III, paragraph 3 (Transparency)
3. Date of entry into force
26 March 1997
Duration:
Indefinite
4. Agency responsible for enforcement of the measure:
Bank Indonesia
5. Description of the measure:
Measure:
Decree of the Board of Managing Director s of Bank Indonesia No. 29/192/KEP/DIR dated
26 March 1996 concerning Guidelines on the Re ceiving of Foreign Commercial Borrowing
by Banks.
Description:
A bank that has received an amount of Foreig n Commercial Borrowing (FCB) shall extend its
credits to Export Credits for no less than 80 per cent of FCB for the current year.S/C/N/80
Page 2
6. Members specifically affected:
None
7. Text available from:
Bank Indonesia attn:  Enquiry Point Team
Legal Bureau
Jl. M.H. Thamrin No. 2
Jakarta 10010
Fax: 62 21 380 14 30
email: enquirypoint@bi.go.idS/C/N/80
Page 3
1. Member Notifying:
Indonesia
2. Notification under:
GATS Article III, paragraph 3 (Transparency)
3. Date of entry into force
1 April 1997
Duration:
Indefinite
4. Agency responsible for enforcement of the measure:
Bank Indonesia
5. Description of the measure:
Measure:
Decree of the Board of Managing Director s of Bank Indonesia No. 30/42/KEP/DIR dated
4 April 1997 concerning the Extension of Small-Scale Credit.
Description:
(1) Bank shall extend "Small-scale business credit (KUK)" in a certain percentage of its
total net expansion credit, including negotiable papers granted in rupiah and/or
foreign currency in each calendar year.
(2) The percentage as referred to in paragraph (1) shall be based on KUK ratio achieved
by each bank in the end of each calendar year.
(3) The percentage as referred to in paragraph (1) shall be set through the following
method.
a. Bank with KUK ratio less than 20 per cent, then the amount of KUK to be
extended is at minimum of 25 per cent of its net credit expansion.
b. Bank with KUK ratio of 20 per cent or more, then the amount of KUK to be
extended is at minimum of 22.5 per cent of its net credit expansion.
6. Members specifically affected:
NoneS/C/N/80
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7. Text available from:
Bank Indonesia attn:  Enquiry Point Team
Legal Bureau
Jl. M.H. Thamrin No. 2Jakarta 10010
Fax: 62 21 380 14 30
email: enquirypoint@bi.go.idS/C/N/80
Page 5
1. Member Notifying:
Indonesia
2. Notification under:
GATS Article III, paragraph 3 (Transparency)
3. Date of entry into force
20 October 1997
Duration:
Indefinite
4. Agency responsible for enforcement of the measure:
Bank Indonesia
5. Description of the measure:
Measure:
Decree of the Board of Managing Directors of Bank Indonesia No. 30/89A/KEP/DIR dated
20 October 1997 concerning Amendment of the Decree of the Board of Managing Directorsof Bank Indonesia No. 28/113/KEP/DIR da ted 14 December 1995 concerning Minimum
Reserve Requirements of Commercial Bank at Bank Indonesia denominated in Rupiah and
Foreign Exchange that had been amended recently by the Decree of the Board of Managing
Directors of Bank Indonesia No. 30/86/KEP/DER dated 7 October 1997.
Description:
- Minimum Reserve Requirement denominated in Rupiah is stated 5 per cent of third
party funds in Rupiah;
- Minimum Reserve Requirement denominated in Foreign Exchange is stated 3 per
cent of third Party funds in foreign exchange.
6. Members specifically affected:
None
7. Text available from:
Bank Indonesia attn:  Enquiry Point Team
Legal Bureau
Jl. M.H. Thamrin No. 2Jakarta 10010
Fax: 62 21 380 14 30
email: enquirypoint@bi.go.idS/C/N/80
Page 6
1. Member Notifying:
Indonesia
2. Notification under:
GATS Article III, paragraph 3 (Transparency)
3. Date of entry into force
14 July 1997
Duration:
Indefinite
4. Agency responsible for enforcement of the measure:
Bank Indonesia
5. Description of the measure:
Measure:
Decree of the Board of Managing Director s of Bank Indonesia No. 30/46/KEP/DIR dated
7 July 1997 concerning the Limitation for Extending Credit for Land Procurement and/orLand Development.
Description:
- A bank is prohibited from providing new credit allocations for land procurement and
development, or from buying or guaranteeing securities related property.
6. Members specifically affected:
None
7. Text available from:
Bank Indonesia attn:  Enquiry Point
Biro Hukum
Jl. M.H. Thamrin No. 2
Jakarta 10010
Fax: 62 21 380 14 30
email: enquirypoint@bi.go.id
__________