Lani Darmawan

Lani Darmawan is the President Director of PT CIMB Niaga Tbk, a prominent banking institution in Indonesia. In a recent statement, he expressed optimism regarding Bank Indonesia's decision to lower its benchmark interest rate to 5.25%, hoping it would reduce funding costs and stimulate credit growth. He highlighted that the ongoing slowdown in credit growth is influenced not only by interest rates but also by a cautious market sentiment amid economic uncertainties.