What are the Assets of Islamic and Conventional Banks?

Financial Services Authority (OJK) statistics show that total conventional bank assets reached Rp 8.1 quadrillion in 2018. This figure increased by 9.22% compared to the previous period, which amounted to Rp 7.4 quadrillion.

Growth in conventional bank assets last year slowed slightly compared to growth in 2016 (10.4%) and 2017 (9.76%). Generally, the average annual growth of conventional bank assets from 2012-2018 was 12.02%.

The same trend occurred in the development of sharia bank assets. In 2018, sharia bank assets grew by 12.5% (year-on-year) to Rp 477 trillion compared to Rp 424 trillion in 2017. The average growth of sharia bank assets was generally higher than that of conventional banks, at 18.81% from 2012-2018.

In line with the development of sharia bank assets, the penetration of sharia banks has continued to increase since 2014. In 2014, sharia bank penetration only reached 4.85% of the total banking industry. In 2018, this figure had increased to 5.91%.

(Read Databoks: [How Much Third-Party Funding is in Indonesian Sharia Banking?](https://databoks.katadata.co.id/datapublish/2019/04/15/berapa-dana-pihak-ketiga-perbankan-syariah-indonesia))