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JAKARTA (Yosefardi) – National banks’ loan grew 10.8% year on year as at August 2015, and grew 8.51% year to date. In July 2015, the banks’ loan grew by 4.35% year to date and 9.6% year on year.

The loan for working capital rose 10.2% year on year to Rp1,851.1 trillion and loan for investment increased 12.9% year on year to Rp960.1 trillions.

Bank Indonesia also recorded third party funds of national banks also grew by 12.6% year on year in August 2015, slower than 13.8% in July 2015.

Mid-rate of rupiah against USD, meanwhile, strengthened significantly to Rp14382 Tuesday (Oct 6) from Rp14604 on Monday.