April 25, 2018 / 10:08 AM / 3 months ago

Indonesia's loan growth accelerates to 8.5 pct y/y in March

JAKARTA, April 25 (Reuters) - Loans extended by Indonesian banks grew 8.54 percent in March from a year ago, slightly quickening from February’s pace of 8.2 percent, the Financial Services Authority (OJK) said on Wednesday.

Meanwhile, banks’ non-performing loan ratio was 2.75 percent of total outstanding loans in March, smaller than the 2.9 percent ratio in February, the OJK said in a statement.

The OJK described the March loan growth level as “moderate” and NPL ratio as “manageable”. (Reporting by Gayatri Suroyo; Editing by Biju Dwarakanath)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below