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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Bank lending on the rise, another sign of recovery

  • Aditya Suharmoko

    The Jakarta Post

JAKARTA | Sat, June 20 2009 | 11:29 am
Bank lending on the rise, another sign of recovery

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Rupiah lending has continued to grow up to the end of April, following a rising trend in the previous two months after slumping in January when the impact of the global credit crunch was still hitting home. Total rupiah lending outstanding rose by over Rp 14 trillion (about US$1.32 billion) in April from March to reach Rp 1,074.6 trillion (US$166.87 billion), central bank data shows.
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