OJK Projects NPFs Sharia Banking is Better
By : Herry Barus And Aldo Bella Putra | Saturday, December 16 2017 - 20:00 IWST
![Ilustrasi Syariah (Foto:Suaranews)](https://eagle.industry.co.id/uploads/berita/detail/736.jpg)
Ilustrasi Syariah (Foto:Suaranews)
INDUSTRY.co.id - Jakarta - The Financial Services Authority (OJK) projects the sharia banking non-performing financing (NPF) ratio to be better or decline in 2018.
"I think next year should be better because there is a financing growth of 10 percent to 14 percent," said Head of Department of Islamic Banking OJK, Ahmad Soekro Tratmono to media crew in Jakarta, Friday (15/12/2017)
He also said that sharia banking has started to improve in 2017, so it will support sharia financing in 2018, coupled with projected economic growth targeted above five percent.
Soekro admitted that Islamic banking NPF is higher than conventional banking. OJK noted that the NPF "gross" of sharia banks per October 2017 reached 4.12 percent while conventional banks 2.96 percent in the same period.
Since quarter IV-2016 until October 2017, the NPF "gross" of sharia banking tends to improve or decline, but it is always above the conventional banking ratio.
Therefore, Soekro appealed to sharia banks to be more careful and selective in financing.
"We are directing to small and medium enterprises because the base is large and suitable for sharia banking financing," he said.
Based on the total data of sharia financial assets in Indonesia, OJK recorded the amount of sharia financing per October 2017 reached Rp35, 63 trillion.
Read Also
FAB to Provide Over AED500 Billion (USD135 Billion) in Green Finance…
CTBC Supports Taiwanese Employees to Go Overseas
Rakuten Card’s Systems Development Subsidiary in Vietnam Relocates…
Increase in New Loan Disbursement Drives Growth in KB Bukopin's Interest…
PermataBank Holds Annual General Meeting of Shareholders 2023 and…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment