October 18, 2016 / 2:42 AM / a year ago

Indonesia Aug loan growth hit lowest since Nov 2009

JAKARTA, Oct 18 (Reuters) - Loans by commercial banks in Indonesia grew 6.83 percent in August from a year ago, slower than July’s expansion pace of 7.74 percent, the financial services authority (OJK) said in a statement.

August loan growth is the slowest since November 2009.

The OJK said banks’ foreign currency denominated credit contracted 11.76 percent from a year ago in August, while loans in local currency grew 10.70 percent. (Reporting by Gayatri Suroyo; Editing by Michael Perry)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below