Consumer credit has been the driver for credit growth in Indonesia’s banking sector in the first two months of 2018. Credit to multipurpose and motor vehicle segments show good growth. Based on data from the central bank (Bank Indonesia/BI) consumer credit grew 11.1% year-on-year (y/y) to Rp1,392.4 trillion in February 2018, accelerating from a 10.4% (y/y) growth pace in the preceding month.To subscribe please click here
