August 2022 Bank General Savings Grew 7.7%, Highest Among Private National Banks

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Cindy Mutia Annur 13/10/2022 18:50 WIB

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The Indonesian Deposit Insurance Corporation (LPS) notes that the largest amount of deposits in commercial banks is held in domestic private banks, reaching Rp3,318 trillion in August 2022, or 43.2% o

Nominal Savings Deposits in Commercial Banks by Bank Ownership (August 2022)

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August 2022 Bank General Savings Grew 7.7%, Highest Among Private National Banks

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Nominal Savings Deposits in Commercial Banks by Bank Ownership (August 2022)

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The Indonesian Deposit Insurance Corporation (LPS) recorded total deposits in commercial banks reaching Rp7,675 trillion in August 2022. This figure shows a 0.6% month-to-month (m-to-m) growth and a 7.7% year-on-year (yoy) growth.

Based on ownership type, the largest amount of deposits was held in private national banks, reaching Rp3,318 trillion in August 2022, or 43.2% of the total deposits. Deposits in private national banks increased slightly by 0.3% m-to-m.

Next, deposits in state-owned enterprises (SOEs) banks were recorded at Rp3,149 trillion, showing a growth of 0.8% m-to-m. Deposits in Regional Development Banks (BPDs) also grew by 9.4% m-to-m, reaching Rp718 trillion in August 2022.

Meanwhile, deposits in foreign banks recorded a growth of 4.7% m-to-m, reaching Rp255 trillion. Deposits in mixed banks, however, decreased by 0.5% m-to-m, reaching Rp235 trillion in August 2022.

The total number of deposit accounts in commercial banks in August 2022 reached 495.38 million accounts, a 0.8% m-to-m increase and a 35.6% yoy increase. Savings accounts comprised the majority of deposit accounts, accounting for 97.9% of the total.

Editor : Annissa Mutia

"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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August 2022 Bank General Savings Grew 7.7%, Highest Among Private National Banks

August 2022 Bank General Savings Grew 7.7%, Highest Among Private National Banks

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August 2022 Bank General Savings Grew 7.7%, Highest Among Private National Banks

August 2022 Bank General Savings Grew 7.7%, Highest Among Private National Banks

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