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Oleh lsma, Rabu, 29 Maret 2017 | 13:46 WIB - Redaktur: Penni Patmawati Rusman - 736
Jakarta, InfoPublik – Bank Indonesia (BI) Executive Director of Communication Tirta Segara said financial system remains in stable condition due to support from banking industry resilience and maintained financial market stability.
According to Tirta, in January 2017, Capital Adequacy Ratio (CAR) stood at 23.0 percent and Liquidity Ratio (AL/DPK) stood at 21.8 percent. Meanwhile, Non-Performing Loan (NPL) stood at 3.1 percent (gross) or 1.4 percent (net).
"Easing of monetary and macro prudential policy has been able to lower the deposit rate by 128 bps (yoy) and lending rates by 80 bps (yoy)," Tirta said in a written statement received on Tuesday (3/28).
Based on the types of credit, working capital loan interest rates experienced the largest decline (112 bps yoy), followed by investment credit interest rate (95 bps yoy) and interest rates on consumer credit (30 bps yoy).
He added that credit growth in January 2017 was recorded at 8.3 percent (yoy), higher than the previous month by 7.9 percent (yoy).
"Credit growth remains limited due to the continuing consolidation by corporations and the limited demand for credit," he said.
Furthermore, Tirta said that the growth of third party funds (DPK) in January 2017 stood at 10.0 percent (yoy), higher than the previous month by 9.6 percent (yoy). Meanwhile, economic financing through capital market, such as shares issuance (IPOs and rights issues), corporate bonds and medium term notes (MTN) is constantly increasing.
"In line with the increase in economic activity and the impact of monetary and macro prudential policy easing, credit growth in deposits in 2017 is expected to be better, each in the range of 10-12 percent and 9-11 percent," he said. (Translator: Wilda Stiana)
