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View all search resultsloan-growth
Economy 5 months ago
PREMIUM
Govt gunning for high GDP growth from this quarter onward
The government has promised strong gross domestic product growth for the remainder of this year and onward as it expects higher consumption, underpinned by increased private sector activity and government spending.
Regulations 6 months ago
PREMIUM
Govt to deposit $12b in commercial banks to ‘jump-start’ lending
The government has announced plans to shift some state deposits from the central bank to commercial banks to allow for more loan disbursements and thereby invigorate private sector activity in a bid to achieve 6 to 7 percent gross domestic product growth.
Economy 7 months ago
PREMIUM
Bank lending slows further on stricter standards, weak demand
Bank Indonesia (BI) has flagged declining loan growth in the country’s banking industry amid stricter lending standards and weak demand, emphasizing the need to boost credit disbursement to push national economic growth.
Companies 8 months ago
PREMIUM
BCA reports 8% profit growth with loans up 13% yoy in first half
Bank Central Asia (BCA) posted a net profit of Rp 29 trillion (US$1.7 billion), up 8 percent year-on-year (yoy), in the first half of this year, in line with growing loan disbursement and funding, as well as rising transaction volume.
Regulations 1 year ago
PREMIUM
Govt to reinstate SME loan restructuring program
Coordinating Economic Minister Airlangga Hartarto announced plans for the program’s resumption on June 24, citing a request from President Joko “Jokowi” Widodo. The program was previously extended three times before expiring at the end of March of this year.
