OJK Bali is Optimistic Credit Grow II

By : Herry Barus And Aldo Bella Putra | Saturday, September 16 2017 - 18:30 IWST

INDUSTRY.co.id - Denpasar- Regional Financial Services Authority 8 Bali and Nusa Tenggara are optimistic that loan portfolio will grow nine to 12 percent in the second half of 2017 due to financing for government infrastructure projects.

"Usually the second semester credit grew faster, especially the state-owned banks because of the new liquid budget this second semester through the newly built infrastructure this semester two," said Head of OJK Regional 8 Bali and Nusa Tenggara Hezbollah, in Denpasar, Saturday (16/9 / 2017)

In the near future, it will gather representatives of banks and other financial services institutions in Bali to discuss efforts to increase the realization of lending in the second half of this year.

The newly elected Hizbullah as head of OJK in Bali and Nusa Tenggara after previously holding the position of Director of Supervision of Financial Services Institution in Central Java and Yogyakarta Region expects the banks to respond to the potential that can be financed.

OJK Bali notes that the realization of credit in Bali is still below five percent or has not reached the target of nine to two percent in the first half of this year.

Total loans disbursed by banks in Bali during the first half of 2017 reached Rp80.3 trillion, jumping from December 2016 to Rp77.9 trillion.

Although there is an increase, but the realization is still considered to be growing slow.

OJK reminded the financial institution to suppress problem loans, given there was an increase in the first half of this year

Total non-performing loans (NPLs) of banks in Bali reached 3.45 percent, jumping compared to December 2016 reached 2.42 percent.

NPLs in rural banks recorded the highest jumps among conventional commercial banks and sharia banks in June 2017 reached 7.27 percent, higher than December 2016 reached 4.91 percent.

Although NPLs are at the highest BPRs, Hizbullah says they can still be tolerated as long as they do not exceed 10 percent due to relatively high interest rates in rural banks.

Although it is still within the limits of tolerance, Hizbullah has asked BPR offenders in Bali to bring down rising levels of non-performing loans.

Special NPL for commercial banks, he added, not allowed to reach five or more than five percent.

"If it has five percent or even exceeds five percent for commercial banks it is 'red light'," he said as well.

News Comment

Today's Industry

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…