Definition
BPR/Bank Perkreditan Rakyat is a bank that when collecting its funds only receives savings in the form of savings and time deposits and when distributing funds only gives to the underprivileged community and needy rural communities.
New Style BPR (Pakto 27) is a BPR that has obtained a business permit based on the Decree of the Ministry of Finance No.1064/KMK.00/1988.
Old Style BPR is a BPR established before October 27, 1988.
Village Bank is an enterprise owned by the village, its area of activity only covers the village in question and usually gives credit in cash only for the village inhabitants.