Executive Director of the BI Communication Department, Ramdan Denny Prakoso, said this was reflected in the value of the Weighted Net Balance (SBT) for new lending in the first quarter of 2025 of 55.07 percent lower than the fourth quarter of 2024 which was 97.90 percent.
As for the type of use, new loans in all types of credit are indicated to continue to grow, namely on working capital loans, investment loans, and consumption credit with SBT of 60.35 percent, 35.62 percent, and 59.25 percent, respectively, lower than the SBT in the fourth quarter of 2024 of 91.70 percent, 88.50 percent, and 62.90 percent, respectively.
Meanwhile, consumption credits that are moderated are sourced from the slowdown in demand for Credit Cards (SBT 64.75 percent), Multipurpose (SBT 27.07 percent), and Non-Augnant Loans (SBT 43.23 percent), as well as a decrease in Motor Vehicle Loans (SBT 13.72 percent), while Home Ownership Loans (KPR) / Apartment Ownership Credit (KPA) have increased with SBT 79.46 percent.
Meanwhile, sectorally, new lending continues to grow in the majority of sectors, with the highest SBT in the Social Social, Culture, Entertainment and Individual Services sector (SBT 81.13 percent), Provision of Accommodation and Drinking Food (SBT 62.53 percent), and Transportation, Warehousing and Communication (SBT 58.06 percent).
Meanwhile, several sectors experienced a decline in new lending, namely the Real Estate, Rental Business, and Company Services (SBT 16.56 percent) and Individual Services (SBT 10.14 percent) sector.
Meanwhile, the credit disbursement policy in the first quarter of 2025 is indicated to be looser than in the previous quarter. This is indicated by the Lending Standard Index (ILS) in the first quarter of 2025 which was valued negatively at 1.32 percent, down from the fourth quarter of 2024 of 0.18 percent.
The looser credit distribution standards are indicated to be driven by KPR/KPA credit types and Other Consumption Loans. As well as several aspects of credit disbursement policies that are indicated to be looser, including on the collateral aspect.
"In the second quarter of 2025, new lending is predicted to increase with an estimated new credit distribution of 81.99 percent," he said in his statement, Monday, April 28.
Denny conveyed that the main priority in distributing new credit in the second quarter of 2025 was still the same as in the previous period, namely working capital credit, followed by investment loans and consumption credit.
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Meanwhile, in the type of consumption credit, the distribution of mortgages/KPA is predicted to remain a top priority, followed by Multipurpose Credit and Motor Vehicle Loans (KKB).
Meanwhile, based on sectors, the distribution of new loans in the second quarter of 2025 is predicted to be the largest in the Processing Industry sector, the Large and Retail Trade sector, and the Financial Intermediary sector.
"In the future, the easing of credit disbursement standards is predicted to continue in the second quarter of 2025, with negative ILS at 1.39. Aspects of lending policies are also predicted to be looser, including coming from credit interest rates and administrative requirements," he explained.
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