Bank credit growth slowed to 9.94% (yoy) in June 2019, compared to 11.05% (yoy) in May 2019. In June 2019, credit disbursed by the banking industry reached Rp 5,528.59 trillion.
Working capital credit disbursed by banks until June 2019 reached Rp 2,561.03 trillion, up 9.21% compared to the same period last year. Meanwhile, investment credit disbursement reached Rp 1,404 trillion. This figure increased by 13.84% compared to June 2018, which was Rp 1,233.25 trillion.
For consumer credit disbursement, according to data from Indonesian Banking Statistics (SPI), it reached Rp 1,502.61 trillion. This shows an increase of 7.64% compared to June 2018, which was Rp 1,395.93 trillion.
(Read Databoks: June 2019, Third-Party Funds Grew 7.4%)