He said here on Thursday the capital adequacy ratio was recorded at 18.6 percent which is far above the minimum requirement of 8.0 percent while the gross non-performing loan ratio was low at 1.96 percent in April.
Credit growth slowed down until the end of April to 21.9 percent year-on-year in line with the domestic economic slowdown.
Credits for working capital and investment meanwhile still grew quite high at 23 percent and 23.7 percent respectively year-on-year while consumer credits grew 18.8 percent.
Bank Indonesia viewed the growth rate of bank credits was still consistent with the national economic growth. Agus however called for a close monitoring of high credit growth in certain sectors especially the property sector.
The central bank is confident in the future the financial system stability would remained maintained with moderation in the banking intermediary functions in line with the slow national economic growth.
Bank Indonesia decided to raise its reference rate by 25 basis points from 5.75 percent to 6.0 percent on Thursday after maintaining it at the level for the past 16 months.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2013
