Metrtvnews.com, Jakarta: The Financial Services Authority (OJK) announced that credit growth reached 8.46 percent year-on-year in November 2016.
"Investment credit growth reached 11.75 percent year-on-year," OJK chairman Muliaman Hadad said during a press conference at the OJK headquarters in Jakarta on Friday (12/30).
"Consumption credit growth reached 7.39 percent year-on-year," Muliaman continued.
Meanwhile, Nonperforming loan ratio only reached 3.18 percent last month. Nonperforming financing ratio only reached 3.20 percent.
"Nett nonperforming loan ratio reached 1.38 percent," Muliaman stated.
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