Aldira Sunrise 17 April 2025

Banks: consumer credit growth slowedConsumer credit growth in Indonesia has slowed across all segments due to weakenedhousehold purchasing power and rising interest rates. According to Bank Indonesia, as ofFeb 25, consumer credit grew 9.4% yoy to Rp 2,208.5T, down from 10.5% growth on Dec 24.Higher lending rates are a major factor dampening demand, with banks […]