Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
Bank Indonesia (BI) has noticed a trend of increasing non-performing loans (NPL) for credit facilities provided by banks, partly explained by recent policy initiatives imposed by BI on the banking sector and also recent hikes in interest rates.
“We will keep monitoring the trend and we fully understand that this is a consequence of the hike in interest rates,” said Halim , Deputy Governor at BI, in Jakarta on Tuesday.
According to Halim, the Small-Medium Enterprise sector (UMKM) is one sector where this trend is apparent. However, Halim believes that this increase is relatively minor, considering the current low performance of the financial sector in general.
Halim further believes that the current trend of increased NPLs does not necessarily mean that the banking industry is being supervised intensely by BI. In fact, Halim is quite optimist that the NPL ratio can be maintained below 1% by the end of this year.
“The current increasing trend of NPLs is relatively small and it is hoped that by the end of this year there will be no significant increase,” commented Halim.
Halim also added that the current level of liquidity in the banking sector is at a level capable of covering up to 18.5% of third party fund withdrawals, a level that should strengthen the fundamentals of the banking sector..
“This is a safe position to be in, we have never experienced deposit withdrawals of more than 18% by consumers,” said Halim.
Agus DW Martowardojo, Governor at BI, also confirmed this point. He reported that the current Capital Adequacy Ratio has reached 17.89%, and that the NPL ratio was below 1.99% in August this year.
Nevertheless, the Governor stated that there will be a slowdown in credit growth in the banking sector due to increased interest rates. The slowdown will also occur due to the weakening of domestic consumption and as a consequence of several macro-prudential policies taken by BI.
(hot/kc)
Fathan Qorib, Robert Sidauruk
Bank Indonesia (BI) has noticed a trend of increasing non-performing loans (NPL) for credit facilities provided by banks, partly explained by recent policy initiatives imposed by BI on the banking sector and also recent hikes in interest rates.
“We will keep monitoring the trend and we fully understand that this is a consequence of the hike in interest rates,” said Halim , Deputy Governor at BI, in Jakarta on Tuesday.
According to Halim, the Small-Medium Enterprise sector (UMKM) is one sector where this trend is apparent. However, Halim believes that this increase is relatively minor, considering the current low performance of the financial sector in general.
Halim further believes that the current trend of increased NPLs does not necessarily mean that the banking industry is being supervised intensely by BI. In fact, Halim is quite optimist that the NPL ratio can be maintained below 1% by the end of this year.
“The current increasing trend of NPLs is relatively small and it is hoped that by the end of this year there will be no significant increase,” commented Halim.
Halim also added that the current level of liquidity in the banking sector is at a level capable of covering up to 18.5% of third party fund withdrawals, a level that should strengthen the fundamentals of the banking sector..
“This is a safe position to be in, we have never experienced deposit withdrawals of more than 18% by consumers,” said Halim.
Agus DW Martowardojo, Governor at BI, also confirmed this point. He reported that the current Capital Adequacy Ratio has reached 17.89%, and that the NPL ratio was below 1.99% in August this year.
Nevertheless, the Governor stated that there will be a slowdown in credit growth in the banking sector due to increased interest rates. The slowdown will also occur due to the weakening of domestic consumption and as a consequence of several macro-prudential policies taken by BI.
(hot/kc)