The industrial banking nonperforming loan (NPL) ratio or bad loans continue to improve, however, the Financial Services Authority (OJK) has prepared measures as the bank NPLs could worsen. OJK said, as of March 2024, the NPL of industrial commercial banks reached 2.25% or Rp163.26 trillion, reduced from 2.49% as of March 2023. Meanwhile, net NPL reached 0.77% as of March 2024, up from 0.72% a previous year.To subscribe please click here
