TEMPO.CO, Jakarta - Bank Indonesia Senior Deputy Governor, Mirza Adityaswara, said that the non-performing loan (NPL) ratio of the banking sector has increased 3.1 percent by January 2017. But he is optimistic that bank reserve can cover the high NPL.
“The Bank reserve is at around 102-104 percent from the total NPL. So it is enough to cover the NPL,” Mirza said on Friday, April 7, 2017.
Bank’s capital adequacy ratio (CAR), according to Mirza, is currently considered to be more than enough. Each bank, either in BUKU I, BUKU II, BUKU III, or even BUKU IV status has a high CAR. “The average CAR per BUKU is above 20 percent,” Mirza said.
Previously, Bank Indonesia Governor Agus Martowardojo said that last year’s NPL showed signs of improvement. As of December 2016, the NPL gross was only 2.9 percent. The NPL net was even under the level of 1.2 percent.
As for this year, Bank Indonesia predicts that the NPL gross will hover around the level of 3.1 percent meanwhile the NPL net is predicted to be at the level of 1.5 percent. Despite this, Agus said that the capital adequacy ratio or CAR was able to reach 22.7 percent by the end of 2016.
ANGELINA ANJAR SAWITRI