The Growth of the Number of Bank Offices in Indonesia until 2023

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Erlina Fury Santika 15/10/2024 08:00 WIB

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The Indonesian Financial Services Authority (OJK)'s banking statistics report shows fluctuations in the number of bank offices in Indonesia from 2019 to 2023.

Number of Bank Offices in Indonesia by Type (2019-2023)

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Number of Bank Offices in Indonesia by Type (2019-2023)

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Based on Indonesian banking statistics from the Financial Services Authority (OJK), the number of bank offices in Indonesia fluctuated throughout 2019-2023.

The OJK counts bank offices based on their type, namely state-owned banks (bank persero), regional development banks (BPD), national private banks, and branch offices of foreign banks (KCBLN).

State-owned banks recorded the highest number, averaging over 10,000 offices. The highest number was recorded in 2021, at 18,182 units.

Second were national private banks, averaging over 7,000 units. The highest number was recorded in 2021, at 9,030 units.

Third were BPDs with more than 4,000 units. The highest number was in 2021, at 5,127 units.

Meanwhile, the lowest number was KCBLNs, with less than 50 units. The highest number was recorded in 2019-2020, with the same amount, 36 units.

In terms of yearly trends, more bank offices were established in 2021. Afterwards, a decline was frequently observed until 2023, as shown in the graph.

(See also: Data on the Performance of Indonesian BPDs: Assets, Credit, and DPK 2018-2023)

Editor : Erlina Fury Santika

"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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The Growth of the Number of Bank Offices in Indonesia until 2023

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