TEMPO.CO, Jakarta – Bank loan disbursement per April 2015 only rose by 10.4 percent, year-on year (yoy). The growth rate is lower compared to March's 11.3-percent yoy increase.
According to the Financial Services Authority (OJK), commercial bank's third-party loan in April 2015 only amounted to Rp3,745 trillion. The slowdown was mainly in rupiah-denominated loans, which only rose by 10.3 percent. Meanwhile, loans in foreign currency rose 10.6 percent.
The distribution of third-party funding from commercial banks only grew 11 percent to Rp1,331 trillion. Regional development banks recorded a better achievement with a 12.8 loan growth to Rp307 trillion. Meanwhiel, mixed banks recorded a credit disbursement decline of 4.4 percent to Rp194.1 trillion.
A number of national banks some time ago announced their plans to cut this year's credit growth targets. Bank Mandiri is cutting its credit target from 19 percent to 13-15 percent, Bank Rakyat Indonesia (BRI) cut theirs from 15-17 percent to 11 percent, while Bank Negara Indonesia (BNI) cut theirs from 15-17 percent to 13-14 percent.
ANDI RUSLI | TRI ARTINING PUTRI | ALI HIDAYAT | SINGGIH SOARES