According to the survey, the Weighted Net Balance (WNB)1 for financing in November, 2020 and the next three months has been higher than previously surveyed, mainly from agriculture, forestry and fishing, wholesale and retail trade, real estate, as well as education services.
This was conveyed by Erwin Haryono, executive director, head of BI Communication Department in a press release on Friday (December 18, 2020).
In general, he said, respondents confirmed that most corporate demand for financing would be met through internal funds (retained earnings).
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In terms of households, demand for financing for the next three and six months is expected to be limited, he added.
Respondents who said they planned to increase financing mainly aimed to get multipurpose loans, housing loans, and automotive loans, he informed.
On the supply side, new loan disbursements from the banking industry are expected to increase further in December, 2020, Haryono said.
This has been confirmed by a significant jump in the WNB to 52.3 percent in December, 2020 from 13.5 percent in November, led by regional banks and commercial banks with a WNB of 56.1 percent and 52 percent, respectively.
The survey’s respondents have also disclosed that working capital loans would boost supply in the reporting period with a WNB of 51.3 percent, Haryono said. (INE)
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Reporter: Azis Kurmala
Editor: Yuni Arisandy Sinaga
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