March 2022 Bank Deposits Grow 9.5%, Primarily in the Form of Deposits

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Vika Azkiya Dihni 27/04/2022 15:10 WIB

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The Deposit Insurance Corporation (LPS) reported that total deposits in commercial banks reached Rp7,544 trillion in March 2022. The largest portion of these deposits, Rp2,825 trillion, was in the fo

Nominal Savings Deposits of Commercial Banks by Deposit Type (March 2022)

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March 2022 Bank Deposits Grow 9.5%, Primarily in the Form of Deposits

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Nominal Savings Deposits of Commercial Banks by Deposit Type (March 2022)

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The Indonesian Deposit Insurance Corporation (LPS) reported that total deposits in commercial banks reached Rp7,544 trillion in March 2022. This figure represents a 1.3% month-on-month (m-o-m) increase and a 9.5% year-on-year (y-o-y) increase.

By deposit type, the largest amount was in deposits, reaching Rp2,825 trillion in March 2022, or 37.4% of total deposits. However, deposits decreased by 0.9% m-o-m.

Savings deposits totaled Rp2,438 trillion, growing by 1.1% m-o-m. Current account deposits also grew by 4.3% m-o-m, reaching Rp2,224 trillion in March 2022.

Deposit On Call accounts showed the highest growth, reaching 15.9% m-o-m to Rp53 trillion in March 2022. Conversely, certificate of deposit accounts saw the largest decrease, falling by 35.6% m-o-m to Rp5 trillion.

In March 2022, the total number of commercial bank deposit accounts reached 453.5 million, a 1.4% m-o-m and 27.6% y-o-y increase. Savings accounts comprised the largest share of deposit accounts, accounting for 97.7% of the total.

Editor : Annissa Mutia

"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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March 2022 Bank Deposits Grow 9.5%, Primarily in the Form of Deposits

March 2022 Bank Deposits Grow 9.5%, Primarily in the Form of Deposits

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March 2022 Bank Deposits Grow 9.5%, Primarily in the Form of Deposits

March 2022 Bank Deposits Grow 9.5%, Primarily in the Form of Deposits

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