No.23/306/DKom
The latest Supply and Demand Financing Survey indicated growing corporate
demand for financing in October 2021 compared with conditions one month
earlier, as confirmed by a bump in the corresponding weighted net balance (WNB)
to 16.7% from 11.1% in September 2021. Increasing demand for financing was
reported by respondents from various sectors, including Construction, Trade,
Motor Vehicle Repair as well as Food Service Activities, primarily to support
operational activities and the domestic recovery as well as repay maturing
obligations. Respondents stated that internal funds remained the dominant
source of financing, accompanied by domestic bank loans, contrasting a smaller
share of loans from parent companies.
The latest survey also revealed how household demand for new financing in
October 2021 declined marginally compared with conditions one month earlier,
while commercial banks remained the primary source of household financing,
dominated by multipurpose loans.
On the supply side, growth of new loan disbursements from the banking
industry remained in positive territory in October 2021. All bank groups
confirmed growth of new loans in the reporting period. Overall, respondents
predicted new loan disbursements in the fourth quarter of 2021 to accelerate compared
with conditions in the previous period.
More
information concerning the Supply and Demand Financing Survey is available onthe Bank Indonesia website.
Jakarta, 19th
October 2021
Head
of Communication Department
Erwin
Haryono
Executive Director
Information about Bank
Indonesia
Tel. 021-131, Email: bicara@bi.go.id
