96 Percent of Public Savings Accounts are Savings Accounts

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23/11/2016 09:01 WIB

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Bank Deposits by Type

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Savings accounts represent the most numerous type of deposit account. A release from the Deposit Insurance Corporation shows that the number of savings accounts reached 180.25 million, or 96.27 percent of the total number of accounts, which is 187.24 million. Although savings accounts are the most numerous, their nominal value is only Rp 1,426.9 trillion, or approximately 30 percent of the total savings of Rp 4,578.28 trillion.

Read: 98% of Public Accounts are Below Rp 100 Million

The widespread circulation of calls for mass withdrawals from banks (rush money) on social media is being taken seriously by the government because it could disrupt national economic stability. There is actually no strong reason to withdraw large sums of money. Indonesia's economic fundamentals remain quite strong. Inflation is low, the economy is growing at 5 percent, foreign exchange reserves are sufficient to finance 8 months of imports, and the rupiah exchange rate is under control.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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96 Percent of Public Savings Accounts are Savings Accounts

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Related Data

Top 5 Largest FLPP Home Financing Banks until November 2025

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DKI Jakarta Holds the Largest Public Bank Deposits in Indonesia as of September 2025

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96 Percent of Public Savings Accounts are Savings Accounts

Tags

Related Data

Top 5 Largest FLPP Home Financing Banks until November 2025

Superbank's Assets Grew Rapidly Before IPO

DKI Jakarta Holds the Largest Public Bank Deposits in Indonesia as of September 2025

PPATK Froze Transactions of 12,000 Suspicious Accounts in H1 2025

Indonesia's Household Expenditure Structure, Savings Share Still Low

Comparison of Profits of 5 Jumbo Banks in Indonesia as of Q3 2025

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