Non-Performing Loan (NPL) Value of Online Lenders Increases Throughout Q1 2024

Finance

Premium

Adi Ahdiat 13/05/2024 18:34 WIB

URL has been copied

Memuat...

According to OJK data, the value of non-performing loans (NPLs) in the national fintech lending sector increased throughout the first quarter of 2024, but the ratio remained relatively stable at 2.9%.

Value and Ratio of Non-Performing Loans (NPL) of Online Lenders in Indonesia (January 2022-March 2024)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Non-Performing Loan (NPL) Value of Online Lenders Increases Throughout Q1 2024”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Value and Ratio of Non-Performing Loans (NPL) of Online Lenders in Indonesia (January 2022-March 2024)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to data from the Financial Services Authority (OJK), the total value of outstanding online loans (pinjol) in Indonesia reached Rp62.17 trillion in March 2024.

Of this amount, Rp1.83 trillion, or 2.94%, was categorized as non-performing loans (NPLs).

The OJK monitors pinjol NPLs based on a delinquency rate (TWP) >90 days. This means that a pinjol loan is classified as non-performing if the borrower fails to repay the debt for more than 90 days from the due date.

In nominal terms, the value of pinjol NPLs increased throughout the first quarter of 2024.

However, as a ratio to the total outstanding loans, the pinjol NPL ratio remained relatively stable at around 2.9% in Q1 2024.

Until the end of March 2024, pinjol NPLs were more prevalent among men, with accumulated debt defaults totaling Rp746.3 billion. Meanwhile, the value of NPLs among women was Rp625.5 billion.

In the individual pinjol category, the highest number of NPLs was found among borrowers aged 19-34 years, with accumulated debt defaults of Rp726.6 billion in March 2024.

This was followed by borrowers aged 35-54 years with Rp550.4 billion in NPLs, those over 54 years with Rp92.6 billion, and those under 19 years with Rp2.2 billion.

Editor : Adi Ahdiat

"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."

Related Data

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Average Length of Schooling in Bekasi City Reaches 12.11 Years in 2025

Central Kalimantan's Air Quality This Morning (Dec 6) Worst in Indonesia

Pangandaran Residents' Food Consumption Inadequacy Rate Decreased by 5.22% in 2024

Latest Data Stories

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 06/12/2025, 15:59 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 06/12/2025, 15:51 WIB

Automotive, Motorcycle, and Repair Sector PDRB of ADHB 2013-2023 Technology & Telecommunications 06/12/2025, 15:20 WIB

Global Natural Gas Prices Rise to US$3.33/Mmbtu (Friday, May 23, 2025) Energy 06/12/2025, 15:16 WIB

US Soybeans Futures Contract Price (Two-Month) - US$1,060.25/Bushel (Friday, May 23, 2025) Economics & Macro 06/12/2025, 14:59 WIB

Bungo Regency Construction Cost Index, Jambi 2025 Property 06/12/2025, 14:57 WIB

Download

Source

Non-Performing Loan (NPL) Value of Online Lenders Increases Throughout Q1 2024

Tags

Related Data

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Average Length of Schooling in Bekasi City Reaches 12.11 Years in 2025

Central Kalimantan's Air Quality This Morning (Dec 6) Worst in Indonesia

Pangandaran Residents' Food Consumption Inadequacy Rate Decreased by 5.22% in 2024

Latest Data Stories

Popular Data

Non-Performing Loan (NPL) Value of Online Lenders Increases Throughout Q1 2024

Tags

Related Data

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Average Length of Schooling in Bekasi City Reaches 12.11 Years in 2025

Central Kalimantan's Air Quality This Morning (Dec 6) Worst in Indonesia

Pangandaran Residents' Food Consumption Inadequacy Rate Decreased by 5.22% in 2024

Latest Data Stories

Trending Topics

Popular Data