JAKARTA, Jan 18 (Reuters) - Indonesia’s loan grew 8.35 percent year-on-year by the end of December, the financial servince regulator (OJK) said on Thursday.
That compared to 7.47 percent in November, the lowest in thirteen months. The pick-up in December was “in line with domestic economic performance,” the OJK said in a statement.
Banks’ non-performing loan ratio stood at 2.59 percent in December. (Reporting by Tabita Diela; Writing by Fransiska Nangoy; Editing by Clarence Fernandez)