The Number of General Banks in Indonesia Continues to Decline

Finance

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Andrea Lidwina 08/05/2021 12:00 WIB

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The number of registered general bank offices decreased from 31,609 units in 2018 to 31,127 units in 2019. The number then further declined to 30,733 units last year.

Number of General Banks Offices by Bank Group in Indonesia

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The Number of General Banks in Indonesia Continues to Decline

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Number of General Banks Offices by Bank Group in Indonesia

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The number of general bank offices in Indonesia has decreased over the past two years. The number of general bank offices fell from 31,609 units in 2018 to 31,127 units in 2019. This number then further decreased to 30,733 units last year.

This decrease occurred in both state-owned (SOEs) and private national banks. Specifically, the number of state-owned bank offices decreased by approximately 200-300 units annually, leaving 17,307 units in 2020. For private banks, the number fell from approximately 9,430 units in 2018 to 8,969 units in 2020.

Meanwhile, the number of regional development bank offices continued to increase, reaching 4,421 units in 2020. The number of foreign bank offices remained at 36 units, showing little change from the previous year.

Editor : Dimas Jarot Bayu

"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."