• USD/IDR13.765
  • SUN102,00 -0,10%
  • EMAS611.050 1,34%
  • RD.SAHAM 0.66%
  • RD.CAMPURAN 0.16%

Credit allocation slower

Jumat, 09 September 2016 / 16:29 WIB

Credit allocation slower

JAKARTA. Some banks are pessimistic that number of credit allocation may increase in the last three months of 2016. Even, Bank Indonesia (the Central Bank) strategy to rise credit allocation by relaxing the regulation on loan to value (LTV) for housing ownership credit (KP) is predicted to be ineffective. 

Director of Finance of Danamon Bank Vera Eve Lim predicted that number of credit allocation will drop by 2%-4% until the end of 2016. 

According to Vera, the decrease is affected by the slow demand on credit for automotive sector, both at two-wheel and four-wheel vehicle segments. 

In addition to the automotive segment, the demand for credit for corporate loans also slower due to the decrease in demand and prices of commodities.  

Bank Negara Indonesia (BNI) also predicted that credit growth until the end of this year will only be at a level of 15% -16%, whereas until July 2016 BNI recorded credit growth by 23% compared to the same period in 2015.

BNI President Director Achmad Baiquni said, credit grew quite high during the second half of 2015. However, it is predicted that credit growth will be slower during the same period of this year.

Prospective sectors

Nevertheless, Baiquni is confident that credit on construction and infrastructure sectors will increase during the fourth quarter of 2016. It is predicted that some functional state owned enterprises (SOEs) will apply for credit on infrastructure.

Credit on other sectors, such as consumer sector  also have the potential to grow due to relaxation released by banking regulator.

Meanwhile, Vera estimated that credit on business consumer segments, such as credit cards, housing ownership credit (KPR), trade finance or small and medium enterprises (SMEs)  credit  will contribute to the growth of demands for credit allocation from Bank Danamon.  

In 2017, Vera predicted that economy will begin to improve and this will affect to allocation of bank credit.  "The economic slowdown is only temporary," said Vera.

Next year, Bank Danamon, will boost credit allocation to the segments of credit card , SMEs, housing loans, and sharia financing. (Translator: Muhammad Farid)


Reporter: Galvan Yudistira, Nina Dwiantika
Editor: Sanny Cicilia

Hotel Santika Premiere Slipi Jakarta
16 April 2018 - 17 April 2018
Hubungi Kami
Redaksi : Gedung KONTAN,
Jalan Kebayoran Lama No. 1119 Jakarta 12210.
021 5357636/5328134
Iklan : Gedung KOMPAS GRAMEDIA Unit 2
Lt 2 Jl. Palmerah selatan 22-28
Jakarta Selatan 10740.
021 53679909/5483008 ext 7304,7306
2018 © Kontan.co.id All rights reserved
Sitemap | Profile | Term of Use | Pedoman Pemberitaan Media Siber | Privacy Policy
Close [X]