OJK Optimistic for Bank Loans to Grow 12 Percent
By : Herry Barus And Aldo Bella Putra | Wednesday, April 18 2018 - 15:00 IWST
Gedung Otoritas Jasa Keuangan (OJK) Jakarta
INDUSTRY.co.id - Padang - The Financial Services Authority (OJK) of West Sumatra is optimistic that the bank's loan portfolio growth in 2018 will reach 12 percent.
"If we look at the current performance we are optimistic to reach 12 percent, let alone the distribution of people's business credit is quite significant," said Chief Executive Officer OJK Office West Sumatra Darwisman in Padang, Tuesday (17/4/2018).
He conveyed until the end of March 2018 KUR distribution has been running so that people's economic programs in West Sumatra will be more developed.
"I am sure banks will have no difficulty in increasing credit growth," he said.
Previously, PT Bank Negara Indonesia targets the distribution of People's Business Credit (KUR) in West Sumatera by 2018 to increase compared to 2017.
"For KUR distribution should grow because in 2017 had dropped only Rp175 billion while in 2016 could reach Rp216 billion," said BNI Regional CEO Padang Rahmad Hidayat.
According to him, the increase in KUR distribution can be realized because KUR interest rate from nine percent to seven percent.
This seven percent interest rate has begun to be socialized," he said.
In addition BNI also change the way work because currently more outlets chase prospective customers and not just mere services.
"In this case the focus is on small entrepreneurs," he said.
While Bank Indonesia representative of West Sumatra noted in the fourth quarter of 2017 credit of commercial banks grew significantly.
"The loan distribution of commercial banks in West Sumatra in the fourth quarter of 2017 reached Rp54.08 billion, dominated by consumption loans," said West Bank representative of West Sumatera Endy Dwi Tjahjono in the Regional Economic and Financial Review.
He conveyed the sectoral credit in West Sumatra is dominated by the agricultural sector, manufacturing and trading industries.
In addition, the improvement in debt repayment capacity also boosted the quality of credit for commercial banks in West Sumatera in the fourth quarter of 2017 with the ratio of nonperforming loans down to 2.78 percent from 3.21 percent.
In Q4 / 2017, credit performance of small and medium enterprises also increased from 2.16 percent in the third quarter to 5.63 percent in the fourth quarter. (Ant)