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)
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.

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…