Jakarta (Antara Bali) - Indonesia's banking industry is the most profitable in Southeast Asia, according to Bank Indonesia (BI or central bank) Governor Darmin Nasution.
"Indonesian banking industry is the most profitable as seen in its return on assets (ROA)," he said in a seminar of Indonesia's economic projection for 2012 here on Wednesday.
He said in September 2011, the ROA of the country's banking industry reached 3.11 percent while the average ROA in Southeast Asia was only 1.14 percent.
Darmin said the Indonesian banking industry is also very prudent reflected by its capital adequacy ratio (CAR) that reached 6.7 percent and its non-performing loan ratio (NPL) which was recorded at only 2.7 percent in September this year.
He said however efficiency in the country's banking industry is still low as seen in its ratio of operating expenses to operating income (BOPO) that reached 87.22 percent.
By comparison the BOPO ratio in the ASEAN region reaches only 40 to 60 percent.(**)
RI Banking Industry Most Profitable In Southeast Asia
Rabu, 30 November 2011 19:19 WIB
