Indonesia’s Bank Loan Grows 7.95% in March
Thursday, 30 April 2020
Bank loan distribution in Indonesia in March 2020 was recorded with 7,95% year on year (YOY) growth. The Indonesia Financial Services Authority (OJK) reported that this growth was higher than in the previous month of 5.93% YOY. Bank liquidity and funding was in adequate level. The liquidity ratio/non-core deposit was recorded at 112.90%, higher than the threshold of 50%. The Bank Capital Adequacy Ratio (CAR) was recorded at 21.77%.
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