Jakarta (Antara Bali) - Indonesia's bank credits grew at a slower pace to 22.2 percent in March 2013 on a domestic economic slowdown, according to the central bank.
Despite slowing down, working capital and investment credits grew highly 23.7 percent and 23.2 percent year-on-year respectively, Bank Indonesia (BI) Governor Darmin Nasution said in a press conference following a meeting of BI board of governors here on Tuesday.
Consumer credits meanwhile grew 18.9 percent year-on-year. The banking industry's solid performance was reflected by high capital adequacy ratio (CAR) which reached 18.9 percent, well above the minimum limit of 8 percent and low gross non-performing loans (NPLs) which reached 1.97 percent in March, he said. He said the bank credit growth is still consistent with national economic growth
COPYRIGHT © ANTARA News Bali 2013
Despite slowing down, working capital and investment credits grew highly 23.7 percent and 23.2 percent year-on-year respectively, Bank Indonesia (BI) Governor Darmin Nasution said in a press conference following a meeting of BI board of governors here on Tuesday.
Consumer credits meanwhile grew 18.9 percent year-on-year. The banking industry's solid performance was reflected by high capital adequacy ratio (CAR) which reached 18.9 percent, well above the minimum limit of 8 percent and low gross non-performing loans (NPLs) which reached 1.97 percent in March, he said. He said the bank credit growth is still consistent with national economic growth
Editor : M. Irfan Ilmie
COPYRIGHT © ANTARA News Bali 2013