Michelle Natalia
The main affecting factors of new loan disbursements in the reporting period were customer demand, 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.
In terms of households, demand for new financing was also observed to moderate in April 2023, with commercial banks remaining the primary source of additional household financing in the form of multipurpose loans. In addition, households also relied on other sources to meet their financing needs, including cooperatives and leasing. (WHY)
