REGULATION OF THE AMOUNT OF DEPOSITS FOR DEPOSITORS IN ARTICLE 11 (1) OF LAW NUMBER 24/2004 WHICH DOES NOT COMPLY PRINCIPLES OF JUSTICE
Customer trust in banking is the key to maintaining banking stability. The Deposit Insurance Corporation in Indonesia was established by the government to increase public trust. The government's blanket guarantee program has succeeded in restoring public confidence in the banking system. However, this policy increases the burden on the state budget and has the potential to create moral hazard by bank managers and customers. To reduce the negative impact of the government guarantee program, the Deposit Insurance Corporation has been established. The deposit insurance is limited in nature to reduce the burden on the state budget and minimize moral hazard. PP No. 66 of 2008 about the amount of the value of deposits guaranteed by the Deposit Insurance Corporation, article 1 states that the value of guaranteed deposits for each customer at one bank was originally based on Article 11 paragraph (1) of Law No. 24 of 2004 concerning the Deposit Insurance Corporation is one hundred million rupiah, based on this PP it is changed to a maximum of two billion rupiah. The author uses a normative legal research method with an approach to the relevant laws and regulations, with the hypothesis: there is an unclear regulation of the amount of customer deposits in Article 11 (1) of Law No. 24 of 2004 and PP No. 66 of 2008 about the amount of the value of deposits guaranteed by the Guarantor Institution. For depositors whose deposit value is above two billion rupiah, it won’t fulfil the principle of justice.
Banking, Trust, Customer Deposit, Principle of Justice, Deposit Insurance Corporation.