JAKARTA - Bank Indonesia (BI) reported that the Third Party Fund (DPK) as of April 2024 was recorded at IDR 8,376.1 trillion, or an increase of 8.1 percent (yoy). This figure is higher than the previous month's growth, which was 7.4 percent (yoy).
The development of third party funds (DPK) was influenced by the growth of corporate DPK by 15.3 percent (yoy) and individuals by 2.3 percent (yoy).
From BI's report, the corporate DPK reached IDR 3,846.7 trillion. As for April 2024, the giro grew by 11.2 percent (yoy), after the previous month grew by 8.6 percent (yoy).
Meanwhile, savings grew by 4.8 percent (yoy), after growing 5.8 percent (yoy) in the previous month, and time deposits grew 8.7 percent (yoy), after growing 7.8 percent in March 2024.
Meanwhile, loans disbursed by banks grew higher. Credit disbursement in April 2024 was recorded at IDR 7,247.7 trillion, or grew 12.3 percent (yoy), after growth in the previous month by 11.9 percent (yoy).
Credit development was mainly driven by credit disbursement growth to corporate debtors by 17.0 percent (yoy) and individual loans 7.2 percent (yoy).
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Meanwhile, based on the type of use, credit disbursement growth in April 2024 was influenced by the development of Working Capital Loans, Investment Loans, and Consumption Loans.
Meanwhile, Working Capital Credit (KMK) in April 2024 grew by 12.4 percent (yoy), after growing by 11.8 percent (yoy) in the previous month. The development of KMK comes from the growth of the Industrial Processing sector and the like, as well as the Financial, Real Estate and Company Services sectors.
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