News

Lending & Credit

Staff Reporter

, Indonesia

Published:

9 months ago

Photo by Aldi Fauzan via Wikimedia Commons. No edits were made except for cropping of photo. Source: https://commons.wikimedia.org/wiki/File:Bank_Indonesia_di_Daerah_Istimewa_Yogyakarta.jpg

New loans in Indonesia to moderate in Q1: survey

The weighted net balance is at 96.1% in Q4 2023, but is only expected to be 44.6% in Q1.

Indonesia’s financial institutions disbursed more new loans in the fourth quarter of 2023 compared to the third quarter, according to data from the Bank Indonesia.

Weighted net balance (WNB) for the last three months of 2023 is 96.1%, higher than the 95.4% in the previous period, with the increase attributed to investment loans and working capital loans.

However, respondents to BI’s survey predict that the volume of new loan disbursements will moderate in Q1 2024, with a WNB of 44.6%.

This is due to the slightly tighter lending standards recorded in Q4 2023 compared to previous conditions– especially for collaterals, credit lines, and document requirements.

On the other hand, lending rates and administration fees will remain looser, the BI said.

Follow the link for more news on

Bank Indonesia

Also Read

South Korean banks’ bad loans rise in August

Australian mortgage arrears rise to highest in 10 years

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit