The data from the Central Bank of Indonesia reported that the Non Performing Loan (NPL) in April 2024 was at 2.72% or increasing from 2.61% in the previous month. This level is also higher than in the period of April 2023, when it was recorded at 2.64%. Meanwhile, the cumulative banking industry’s gross NPL as of March 2024 was recorded at 2.25%, slightly increased from 2.49% in the same period last year.