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Time deposits were the highest type of third-party funds (DPK) in 2020.
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Time deposits were the highest type of third-party funds (TPF) for general banks in 2020, accounting for 42.08% of total TPF, or Rp 2,804 trillion.
The next highest type of TPF was savings accounts, totaling Rp 2,173 trillion, followed by current accounts at Rp 1,687 trillion.
Total TPF in 2020 reached Rp 6,665 trillion, an increase of 11.12% year-on-year (yoy).
"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."