The facade of Bank Indonesia building is seen in the capital city of Jakarta. It has estimated that bad loans would decline to less than 2% of outstanding loans this year.
UNIQUELY, the non-performing loans (NPLs) of the biggest banks in Indonesia that are significantly controlled by state agencies and prominent families record a lower rate of delinquent loans compared with foreign-owned banks.
For instance, PT Bank Mandiri Tbk’s gross NPL ratio as at end-2013 was 1.6% of total assets, while CIMB Group
’s PT Bank CIMB Niaga Tbk and Malayan Banking Bhd’s PT Bank Internasional Indonesia Tbk’s ratio was 2.23% and 2.11%, respectively.
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