Bank Indonesia (BI) is targeting loan growth in the banking system this year rose only 23.1 percent.

Darmin Nasution

Bank Indonesia (BI) is targeting loan growth in the banking system this year rose only 23.1 percent.



Bank Indonesia (BI) is targeting loan growth in the banking system this year rose only 23.1 percent. The value is estimated to be only slightly increased compared to the projected attainment in 2012 were up 23 percent. BI Governor Nasution said the target was a Business Plan Data Bank (RBB), which has delivered to date.

"This year the credit is targeted to grow 23.1 percent and third-party funds (deposits) rose 18.3 per cent," he said here at a press conference at the office of the BI Jakarta, Thursday (10/01/2013).

According to Nasution, a November 2012 loan growth reached 22.3 percent. At the end of 2012, the national bank lending is estimated to grow 23 percent. Prediction of credit growth is still not high because the resulting expansion of the company is still waiting for confirmation of global and regional economies.

BI deputy governor Halim Alamsyah added achievement of national bank lending growth this year will be supported by dollar-denominated loans of 23.8 percent and 19 percent of foreign currency loans.

As for the banks, the central bank declared state-owned bank credit growth target 24.4 percent, 21.3 percent private banks, BPD 25.4 per cent, 26 per cent joint venture banks and branches of foreign banks 15.7 percent.

"The most rapidly growing sector credit still transport by 27 per cent, 25 per cent of hotels and restaurants, retail trade and 24 percent, 24.3 percent and construction," said Halim.

As for TPF growth pegged at 18.3 percent in 2013, the central bank noted targets rupiah deposits grew 18.7 percent and foreign currency deposits grew 16 percent.