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PwC Survey: State-Owned Banks Target 15 Percent Loan Growth

02/03/2017 10:40 WIB

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PwC Survey: Expectations of Credit Growth >15% in 2017

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PwC Survey: Expectations of Credit Growth >15% in 2017

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Most bankers from State-Owned Banks (BUMN) expect credit growth of more than 15 percent. According to the 2017 Banking Survey by the consulting and research firm PricewaterhouseCoopers (PwC), 75 percent of bankers from State-Owned Banks target credit growth above 15 percent this year.

Meanwhile, only 32 percent of local private banks expect credit growth above 15 percent in 2017. For foreign banks, this figure is only 19 percent.

This is the seventh banking survey conducted by PwC. In this survey, PwC involved 78 respondents from 58 banks in Indonesia. The respondents in this study hold top management positions in their respective banks. Collectively, they represent 87 percent of banking assets in Indonesia.

"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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PwC Survey: State-Owned Banks Target 15 Percent Loan Growth

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