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Bank Indonesia Projects Credit Growth to Reach 11% in 2022

Market Headlines editor M.Ilham Chatamy
25/07/2022 23:30 WIB
Bank Indonesia estimates that bank credit growth until the end of 2022 will reach the range of 9% to 11%.
Bank Indonesia Projects Credit Growth to Reach 11% in 2022.(SUMBER : IDX CHANNEL)

IDX CHANNEL- Bank Indonesia estimates that bank credit growth until the end of 2022 will reach the range of 9% to 11%. This figure is higher than last year credit growth which was recorded at only 5.2 percent.

According to Bank Indonesia, although bank credit is predicted to grow significantly, it is certain that the adequacy of banking liquidity will be maintained. Banking credit that began to improve was reflected in lending in June 2022 which grew by 10.66%.

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