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View all search resultsThe assets of the country’s sharia finance industry reached Rp 1.639 quadrillion (US$111.1 billion) as of July this year, an increase of 20.6 percent compared to the same period last year, according to the OJK.
In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed that the central bank take over the job of supervising banks from the Financial Services Authority (OJK).
Financial Services Authority (OJK) data show that the nonperforming loan (NPL) ratio, the proportion of bad loans to total debts, rose to 3.1 percent in June, higher than 3.01 percent recorded in May.
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