Special Data Dissemination Standard
|I. Analytical Framework, Concepts, Definitions, and Classifications|
2.1.1 Concepts and definitions
Analytical Accounts of the Banking Sector is the consolidation between the Analytical Balance Sheet of Bank Indonesia and the consolidated Balance Sheet of Commercial Banks and Rural Banks. This consolidation is defined as the Balance Sheet of the Monetary System. The liabilities show money supply representing liabilities of the Monetary System to private sector (residents). The assets show factors affecting money supply consisting of foreign sector (net), government sector (net), claims on private sector and other items (net).
Money aggregates is a monetary liability of Monetary System to the domestic nonbank sector. Money supply can be defined as narrow money (M1) or broad money (M2).
The accounting methods are in line with the International Accounting Standard (IAS).
|II. Scope of the data|
Scope of the data
|III. Accounting Conventions|
Central bank’s data:
- Revaluation of the foreign currency denominated accounts is based on the weekly Balance Sheet exchange rate.
- The financial asset and liability are valued according to BI’s Accounting Standards
Commercial Banks’ data:
- Revaluation of the foreign currency denominated accounts is based on Reuters currency exchange rate by the end of the reporting period.
- The financial asset and liability are valued according to banking reports valuation methods, which comply to National Financial Accounting Standards (PSAK) 50 and 55 as a representation of IAS 39.
2.4.2 Recording basis
Financial asset and liability are recorded on an accrual basis.
2.4.3 Grossing/netting procedures
The data are presented on a consolidated basis.
|IV. Nature of the Basic Data Sources|
3.1.1 Source data collection programs
3.1.3 Source data timeliness
The data collection programs provide for the timely receipt of data and met the SDDS requirements.
3.2.1 Source data assessment
The Balance sheets of all Bank Indonesia offices are transmitted online to Bank Indonesia head office.
Balance sheets of Commercial and Rural Banks are are submitted to Bank Indonesia head office by online using extranet system.
|V. Compilation Practices|
3.3.1 Source data statistical techniques
3.3.2 Other statistical procedures
There is no seasonal adjustment.
3.4.1 Validation of intermediate results
3.4.2 Assessment of intermediate data
Statistical discrepancies in intermediate data are assessed and investigated, such as the behavior of series is routinely assessed against related series. If, major changes occur, the data will be reconfirmed to the reporting agencies.
3.4.3 Assessment of discrepancies and other problems in statistical outputs
As needed, procedures are in place to investigate classification/sectorization errors or omissions as a source of fluctuations or discrepancies.
|VI. Other Aspects|
3.5.1 Revision studies and analyses
Bank Indonesia never publish a preliminary monetary statistics, however, if needed, revisions resulted to misreporting of large/significant financial transactions of commercial banks will be made.
4.3.3 Dissemination of revision studies and analyses
Users are informed of results and studies of the revisions to the statistics
5.3.1 Dissemination of information on contact points
For further/detail information, user could contact firstname.lastname@example.org