Non-Performing Loans (NPLs) of general banks in the education services sector in Riau Islands reached 51.85%. This figure increased compared to the previous year, which was recorded at Rp0.19 billion (data as of September 2024). According to its track record, the highest growth in this province previously occurred in February 2022, with NPLs of general banks in the education services sector reaching Rp0.41 billion. With this growth, it is evident that the position of NPLs of general banks in the education services sector has been strengthening over the past six years.
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Based on data from the Financial Services Authority (OJK), total NPLs of general banks in the education services sector throughout Indonesia in September 2024 reached Rp213.09 billion.
These NPLs decreased by 13.86% compared to the previous month.
DKI Jakarta recorded the highest NPLs of general banks in the education services sector at Rp116.39 billion. In this province, the OJK recorded a monthly decrease of 7.71% compared to the same period the previous month. East Java is ranked second. Compared to the same period the previous month, NPLs of general banks in the education services sector in this province grew by -14.23%. The amount of NPLs of general banks in the education services sector in this province was reported at Rp22.3 billion. The previous period recorded Rp26.54 billion.
Next, NPLs of general banks in the education services sector in West Java increased by 204.27% to Rp19.96 billion compared to the same period the previous month; in West Nusa Tenggara, they increased by 12.86% to Rp11.85 billion compared to the same period the previous month; and in Central Java, they increased by 195.54% to Rp9.28 billion compared to the same period the previous month.
The following are the ten provinces with the highest NPLs of general banks in the education services sector in September 2024:
* DKI Jakarta Rp116.39 billion
* East Java Rp22.3 billion
* West Java Rp19.96 billion
* West Nusa Tenggara Rp11.85 billion
* Central Java Rp9.28 billion
* Yogyakarta Special Region Rp6.97 billion
* South Kalimantan Rp6.01 billion
* North Sulawesi Rp4.47 billion
* Lampung Rp3.62 billion
* Banten Rp3.25 billion