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Related company : STANDARD CHARTERED BANK

Related company : STANDARD CHARTERED BANK

Tone : Neutral

Tone : Neutral

 

Private lenders expect solid loan growth

Summary
The Jakarta Post, March 14, 2019
Two major private lenders, Panin Bank and Standard Chartered Bank Indonesia, expect solid growth in their loan business this year. Panin Bank sees growth in its loan segment at 8 to 9 percent, driven by the commercial segment. The lender’s outstanding loans reached Rp 151.6 trillion in 2018, up 8.06 percent year-on-year (yoy). Meanwhile, Standard Chartered Bank Indonesia targets credit growth of 12 to 13 percent, which is lower than its loan growth realization of 17 percent to Rp 32.2 trillion in 2018.
 
 

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