No. 24/16/DKom
The latest Banking Survey conducted by
Bank Indonesia revealed how quarterly growth of new loan disbursements
accelerated in the fourth quarter of 2021,
as reflected by a significant increase in the weighted net balance (WNB) to 87%
from 20.9% in the previous period. Broad growth of new loans was indicated by a
positive WNB across all loan types. Notwithstanding, survey respondents
predicted moderation in the first quarter of 2022, with the corresponding WNB
retreating to 52.0%.
Respondents predicted slightly tighter
lending standards in the first quarter of 2022,
as confirmed by a bump in the Lending Standards Index to 3.4% from 2.6% in the fourth quarter of 2021, with an expectation of
higher lending rates at some banks.
The latest survey also showed how
respondents have remained optimistic concerning credit growth moving forward,
predicting 8.7% in 2022 compared with 5.2% credit growth in 2021. Optimism was
stoked, amongst others, by economic and monetary conditions as well as
relatively manageable credit risk.
The Banking Survey is available
in full from the official Bank Indonesia website.
Jakarta,
21st January 2022
Head of
Communication Department
Erwin Haryono
Executive
Director
Information about Bank Indonesia
Tel. 021-131, Email: bicara@bi.go.id
