No.23/ 269/DKom
The latest
Banking Survey conducted by Bank Indonesia indicated positive new loan
disbursements in the third quarter of 2021, despite moderating on the previous period, as confirmed by a weighted net
balance (WNB) of demand for new loans of 20.9%. Broad growth of new loans was
indicated by a positive WNB across all loan types. Furthermore, respondents
predicted stronger growth of new loans disbursed in the fourth quarter of 2021,
with the WNB of 90.9%.
Respondents
of the latest survey predicted a period of
looser lending standards in the fourth quarter of 2021, as reflected by a further decrease in the Lending Standards Index to
-0.4% from 2.0% in the previous period. Policy aspects of new loan disbursement predicted to be looser lending
standards compared to the previous quarter among others are loan maturities and administration fees.
The survey
also revealed how respondents have remained optimistic concerning credit growth
in 2021, predicting 5.3% (yoy) expansion in line with
monetary and economic conditions as well as relatively manageable credit risk.
The Banking Survey is available in full from the official Bank Indonesia
website.
Jakarta, 21st
October 2021
Head
of Communication Department
Erwin
Haryono
Executive
Director
Information about Bank
Indonesia
Tel. 021-131, Email: bicara@bi.go.id
