May 29, 2020 / 2:47 AM / 2 months ago

Indonesia's April loan growth slows to weakest in a decade

JAKARTA, May 29 (Reuters) - Indonesia’s loan growth expanded 5.73% on an annual basis in April, the weakest pace since November 2009, the country’s financial regulator said in a statement on Friday.

March loan growth was 7.95%.

The non-performing loan ratio rose to 2.89% in April, from 2.77% the previous month. (Reporting by Fransiska Nangoy and Gayatri Suroyo Editing by Ed Davies)

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