JAKARTA, June 15 (Reuters) - Loans extended by Indonesian banks grew 9.5 percent in April from a year earlier, the fastest pace since January 2016, the central bank said on Thursday.
March’s annual loan growth was 9.2 percent.
The banking industry’s ratio of non-performing loans rose slightly in April to 3.1 percent of outstanding credits from 3.0 percent the previous month, Bank Indonesia (BI) said.
At a policy meeting that ended on Thursday, BI kept its benchmark interest rate unchanged at 4.75 percent, its level since October. (Reporting by Nilufar Rizki, Hidayat Setiaji and Gayatri Suroyo; Editing by Richard Borsuk)