Top 10 Large Banks: Who Offers the Lowest Corporate Interest Rates?

23/01/2018 13:06 WIB

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Corporate Loan Interest Rates of 10 Major Banks (December 2017)

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Top 10 Large Banks: Who Offers the Lowest Corporate Interest Rates?

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Corporate Loan Interest Rates of 10 Major Banks (December 2017)

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Of the ten largest banks in Indonesia, Bank Mandiri and Bank Permata offer the lowest corporate loan interest rates to their customers. Both banks set a base interest rate for corporate credit at 9.5%.

CIMB Niaga, Bank BCA, and Bank Danamon, meanwhile, offer corporate sector credit interest rates of 9.75% to their respective customers. Bank BTN, however, offers the highest corporate loan interest rate at 11%.

The average working capital loan interest rate for general banks in October 2017 decreased by 64 basis points (bps) to 10.96%, down from October of the previous year. Meanwhile, outstanding bank credit in October 2017 grew by 8.18% to Rp 4,560.17 trillion from Rp 4,215.52 trillion in October of the previous year.

"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."