Banking Assets Grow 7.7% (YoY), Reaching Rp10.49 Quadrillion by September 2022

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Viva Budy Kusnandar 13/02/2023 17:37 WIB

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Banking Assets Reach Rp10.49 Quadrillion in September 2022.

Banking Assets Period 2013–September 2022

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Banking Assets Grow 7.7% (YoY), Reaching Rp10.49 Quadrillion by September 2022

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Banking Assets Period 2013–September 2022

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The Financial Services Authority (OJK) reported that national banking assets grew by 7.73% to Rp10.49 quadrillion by September 2022 compared to September 2021 (year on year/yoy). Compared to the end of 2021, banking assets grew by 3.71%.

Banking assets have grown more than 2.5 times or 146% in the last decade (2012-September 2022). In 2012, banking assets reached Rp4.26 quadrillion, but by September 2022, they had surpassed Rp10 quadrillion.

Banking assets grew at an average of 9.47% per year over the past 10 years (2013-2022). The highest growth rate was recorded in 2013 at 16.23% per year.

Domestic private banks recorded the largest asset amount, while the smallest was held by branches of foreign banks. The following is a list of banking assets by bank type as of September 2022:

* Private Banks: Rp4,733.66 trillion
* State-Owned Banks: Rp4,323.08 trillion
* Regional Development Banks (BPD): Rp904.09 trillion
* Branches of Foreign Banks: Rp526.74 trillion
* Total: Rp10,487.57 trillion

Conventional commercial bank assets grew by 7.26% (yoy) to Rp9.99 quadrillion by September 2022.

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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Banking Assets Grow 7.7% (YoY), Reaching Rp10.49 Quadrillion by September 2022

Banking Assets Grow 7.7% (YoY), Reaching Rp10.49 Quadrillion by September 2022

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Banking Assets Grow 7.7% (YoY), Reaching Rp10.49 Quadrillion by September 2022

Banking Assets Grow 7.7% (YoY), Reaching Rp10.49 Quadrillion by September 2022

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