Wahyu Dwi Anggoro
IDXChannel - The latest Banking Financing Supply and Demand Survey conducted by Bank Indonesia (BI) in June 2023 indicated growing corporate demand for financing.
It was reflected by an uptick in the Weighted Net Balance (WNB) to 17.8% from 12.5% in May 2023.
"Corporate financing was primarily sourced from internal funds, which remained dominant, followed by committed undisbursed loans, both of which increased on the previous period," BI Communication Department Executive Director Erwin Haryono said in a media release on Tuesday (18/7/2023).
New loan disbursements by the banking industry in June 2023 posted limited growth, with the corresponding WNB retreating slightly to 81.7% from 82.6% in the previous period. The main affecting factors of new loan disbursements in the reporting period were customer demand for financing, the monetary and economic outlook, as well as the level of business competition between banks.
Overall, however, new loan disbursements by the banking industry are projected to increase in the second quarter of 2023.
