Banking industry was growing early this year as the lending grew by 9.2% in January-March 2017 period (Q1), higher than 8.7% growth in the corresponding period of last year. The Financial Services Authority (OJK) said the growing banking industry is inline with the improving economy. OJK also noted that the banking’s bad loan or non performing loan (NPL) also improved to 3.04% as of March this year, from 3.16% as of February this year.To subscribe please click here