Credit penetration in Indonesia still low even after a decade of strong credit growth

It's at 29% of GDP.

According to Barclays, credit penetration in Indonesia, even after decade of strong credit growth, remains low (29% of GDP) and should grow.

Here's more from Barclays:

In particular, we expect the role of credit in financing housing and fixed investment in the business segment (in contrast to working capital (WC)) to increase.

Moreover, growth in trade should remain a driver of credit growth, particularly in the large WC loans segment. Overall, we expect our coverage banks to achieve CAGR for credit of ~21% for 2012-15E.

Also Read

Malaysia's private sector credit grows 5.4% in April

Hong Kong mortgage loans drawdown rises by 9.9%

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia