Trade Sector Receives Largest Working Capital Loans in June 2023

Bank Indonesia (BI) data processed by the Central Bureau of Statistics (BPS) shows that the wholesale and retail trade, repair of motor vehicles and motorcycles sector received the largest working capital loans (KMK) from banks in June 2023.

The value of its business loans reached Rp927.78 trillion. This loan increased month-to-month (mom) from May 2023, which was Rp915.37 trillion.

The second largest economic sector was the manufacturing industry with a total loan of Rp740.02 trillion in the same period. This value also increased from the previous Rp727.07 trillion (mom).

Third place was occupied by the financial services and insurance sector at Rp314.82 trillion in June 2023. This increased from the previous Rp311.86 trillion (mom).

The fourth and fifth sectors were construction and agriculture, with values of Rp246.77 trillion and Rp239.4 trillion respectively.

Characteristic of working capital loans (KMK), they are not a type of long-term loan because they usually mature in less than a year, as written by Akselaran.co.id. KMK is usually used to pay trade debts or purchase operational needs.

Here is a breakdown of the economic sectors that received working capital loans from banks as of June 2023:

* Wholesale and retail trade, repair of motor vehicles and motorcycles Rp927.789 trillion
* Manufacturing industry Rp740.026 trillion
* Financial services and insurance Rp314.827 trillion
* Construction Rp246.778 trillion
* Agriculture, forestry and fisheries Rp239.4 trillion
* Mining and quarrying Rp110.203 trillion
* Information and communication Rp77.251 trillion
* Real estate Rp75.347 trillion
* Transportation and warehousing Rp56.236 trillion
* Corporate services Rp52.303 trillion
* Accommodation and food service activities Rp45.57 trillion
* Electricity and gas supply Rp14.094 trillion
* Health and other services Rp10.936 trillion
* Water supply, waste management, waste and recycling Rp51.18 trillion
* Education services Rp24.15 trillion
* Government administration, defense and compulsory social security Rp2.399 trillion
* Other services Rp87.6 trillion

(See also: This is the Largest Recipient Sector of Investment Credit in June 2023)