, Indonesia
106 views

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.

Join Asian Banking & Finance community
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!

Event News

Event News

ABF Wholesale Banking Awards 2023 Winner: CIMB Bank Berhad Banking Technology
Head of Commercial Banking at CIMB Singapore, Benjamin Tan, shares insights on CIMB Bank Berhad's triumph at the ABF Retail Banking Awards 2023, highlighting their innovative financial solutions and commitment to enhancing customer experiences.
Banking Technology ABF Wholesale Banking Awards 2023 Winner: CIMB Bank Berhad
Head of Commercial Banking at CIMB Singapore, Benjamin Tan, shares insights on CIMB Bank Berhad's triumph at the ABF Retail Banking Awards 2023, highlighting their innovative financial solutions and commitment to enhancing customer experiences.