JAKARTA. Aside of the non-performing loan (NPL), domestic banking sector is overshadowed by the tightening liquidity in the next year. The tightening loan to deposit ratio (LDR) of the domestic banks have indicated the tightening liquidity.
The latest data from Financial Service Authority (FSA) show that the Commercial Banks Group of Business Activities (BUKU) III suffered the most of other banks from the tightening liquidity. As of September 2016, the LDR of BUKU III hit the level of 97.59%, much higher than the safe limit set by FSA that is 92%.
As comparison, the LDTR of banking industry stood at the level of 91.71%. Meanwhile, the LDR of BUKU IV, BUKU I, and BUKU II were 86.61%, 81.59%, and 92.49%, respectively.
The middle class banks are ready to vie for liquidity in the next year by hunting the cheap funds (CASA) and by releasing bonds.
Director of Bank Tabungan Negara (BTN) Iman Nugroho Soeko said, the bank will maintain the portion of corporate funds (wholesale) as much as 15% of the third party funds. As of the end of October 2016, the LDR of BTN reached 103.26% or the highest among the ten major banks. BTN itself will boost the cheap funds through the digital channel.
PT Bank Indonesia Tbk claimed to have anticipated the tightening liquidity by releasing the bonds in a long term period. Bank Panin has the quota of sustainable public offering (PUB) until 2018.
“To date, the liquidity condition is safe,” said the President Director of Bank Panin Herwidayatmon, Monday (19/12).
PT Maybank Indonesia Tbk estimates that liquidity conditions in 2017 will be affected by several factors. Financial Director of Bank Maybank Indonesia Thilagavaty Nadason said, the increase in The Fed’s rate in the last week will suppress the banks liquidity. “However, we think the fund outflow would not be drastical, since Bank Indonesia (the Central Bank) does not change the benchmark interest rate,” Thila said.
Maybank projects that liquidity condition in the next year will stand at the range of 90%, or will not much change from the position in this year, if The Fed does not increase its rate drastically. Maybank is planning issue rights in 2017 to cover the bank’s liquidity.
PT Bank CIMB Niaga Tbk will maintain the LDR at around 96.07%. According to Director of Strategy and Finance of CIMB Niaga Wan Razly, the bank will release the bonds if it is necessary. CIMB Niaga will maintain the CASA ratio at above of 50% of the total third party funds through the platform of digital banking. As of September 2016, the CCASA rate of CIMB Niaga was 52,58%, while PT Bank Permata is maintaining the CASA ratio at the level of 45%.
As information, the LDRs of the ten major banks are above of 90%. Only Bank Central Asia (BCA) and Bank Permata recorded the LDRs of below of 90%.
(Muhammad Farid/Translator)
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