Two major private lenders, Panin Bank and Standard Chartered Bank Indonesia, expect solid growth in their loan business this year. Panin Bank sees growth in its loan segment at 8 to 9 percent, driven by the commercial segment. The lender’s outstanding loans reached Rp 151.6 trillion in 2018, up 8.06 percent year-on-year (yoy). Meanwhile, Standard Chartered Bank Indonesia targets credit growth of 12 to 13 percent, which is lower than its loan growth realization of 17 percent to Rp 32.2 trillion in 2018.
March 14 2019, The Jakarta Post - Read 9 times