国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Indonesia's loan growth edges up in 2018 amid recovery in financial stability

Source: Xinhua| 2019-01-29 20:10:47|Editor: xuxin
Video PlayerClose

JAKARTA, Jan. 29 (Xinhua) -- Banking credit in Indonesia accelerated at a faster pace last year as financial stability commenced recovery, paring down risks of hawkish policy of U.S. Federal Reserve.

Indonesian Financial Services Authority (OJK) said on Tuesday that loan growth touched an 11.75 percent last year, significantly faster than that of a 8.24 percent in the presiding year.

"This indicates that financial sector has already weathered a gradual recovery," head of commissioner board of the authority Wimboh Santoso said.

The growth was attributed to the expansion in the sectors of electricity, gas, waters, mining and transport, the official said.

On non-performing loan growth, Santoso said, it edged off to a 2.37 percent last year from a 2.59 percent in the presiding year.

Santoso said most of the loans were used for financing productive business sectors, such as financing for capital works and investment.

Banking credit for financing consumption sector also expanded, albeit it was not significant, he cited.

For this year, the official looked the faster loan growth will persist as the country's central bank has recently signaled to end the long tightening cycle it applied from May to November of last year to pare down capital outflows.

The central bank took the stance after the the U.S. Federal Reserve announced a dovish tone for this year.

The Southeast Asia's biggest economy is looked to accelerated at a faster pace last year, a 5.14 percent from a 5.07 percent in the previous year.

Indonesian central bank's long tightening cycle had not shown downshift risks on the loan growth last year.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001377844261
主站蜘蛛池模板: 孟州市| 江城| 长宁区| 湖北省| 盐城市| 土默特左旗| 广东省| 原阳县| 清远市| 曲靖市| 华坪县| 璧山县| 建昌县| 天台县| 丰镇市| 思茅市| 游戏| 福清市| 祥云县| 涞源县| 舞钢市| 昌都县| 青龙| 新昌县| 平果县| 黄陵县| 黄大仙区| 威宁| 定安县| 伊川县| 饶河县| 延吉市| 乌拉特中旗| 井陉县| 涞水县| 哈尔滨市| 德格县| 乐昌市| 宝坻区| 尉氏县| 鹿泉市|