JAKARTA, June 16 (Xinhua) -- Indonesia's state-owned banks will prioritize financing for manufacturing, natural resource downstream, infrastructure development and micro, small and medium-sized enterprises, a senior official said Tuesday.
Head of the State-Owned Enterprises Regulatory Agency Dony Oskaria said that financing from banks under the state-owned banks association Himbara should be directed toward sectors that create jobs, boost competitiveness and bring tangible benefits to the public.
"Financing support must continue to be directed to productive sectors that can create employment, increase competitiveness, and provide real impacts for society," Dony said.
Dony added that Himbara banks would also focus on sectors with high multiplier effects as part of the government's strategy to strengthen the banking sector's role in supporting national development and economic growth. ■