Indonesia central bank governor sees 2022 loan growth at 7pct-9pct

14-May-2022 Intellasia | Reuters | 5:02 AM Print This Post

Indonesia’s central bank expects 2022 loan growth to be around 7 per cent to 9 per cent, supported by improving economic activity, governor Perry Warjiyo told an online briefing on Friday.

He said improving corporate performance so far this year as the economy recovers from the impact of the coronavirus pandemic has helped increase demand for business loans, while banks were also getting more confident about extending credit. The latest outlook is up from an earlier estimate of 6 per cent to 8 per cent.


Category: Indonesia

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