Despite slowing down, working capital and investment credits grew highly 23.7 percent and 23.2 percent year-on-year respectively, Bank Indonesia (BI) Governor Darmin Nasution said in a press conference following a meeting of BI board of governors here on Tuesday.
Consumer credits meanwhile grew 18.9 percent year-on-year. The banking industry's solid performance was reflected by high capital adequacy ratio (CAR) which reached 18.9 percent, well above the minimum limit of 8 percent and low gross non-performing loans (NPLs) which reached 1.97 percent in March, he said. He said the bank credit growth is still consistent with national economic growth
: M. Irfan Ilmie
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