JAKARTA (Yosefardi) – A survey of central bank (Bank Indonesia/BI) indicates that the banking loan will grow by 12% this year.

For January-November 2015 period, banking loan only grew by 9.8% year on year.

The loan growth this year is inline with expectation of better economic growth, lower risk of loan disbursement, and plan of cutting loan interest rate.

While new loan is expected to slow in fourth quarter of 2015 but to increase in first quarter of 2016.