JAKARTA - Bank Indonesia (BI) is optimistic that credit growth at the end of 2025 will still be able to reach 8 percent, as the central bank's target in the range of 8-11 percent, even amid a trend of weakening throughout this year.
"Hopefully, God willing in December, the end of the year (credit) can grow above 8 percent, as BI's target," said Head of the Macroprudential Policy Department of BI Solikin M. Juhro in a media briefing in Jakarta, quoted by Antara, Tuesday, December 23.
Solikin said the credit growth performance this year was not as sharp as last year.
Bank credit growth in November 2025 was recorded at 7.74 percent year-on-year (yoy), lower than the same period last year of 10.79 percent (yoy).
According to Solikin, the slowdown was triggered by challenges on the demand side and the supply side, both of which still need a boost.
If detailed, the November 2025 credit is supported by investment credit which recorded growth of 17.98 percent. Meanwhile, working capital credit (KMK) only grew by 2.39 percent.
Solikin explained that the relatively low growth of KMK was influenced by the segmentation of economic activities in this type of credit.
"If the economy is not strong, for working capital needs, this (KMK) is also not strong. Especially for sectors that are heavily dependent on KMK," he said.
However, he continued, investment credit continued to grow high thanks to the perception that the national economy would continue to improve in the future, in line with the impact of government strategic programs that are increasingly visible.
"Last year (the realization of credit growth) was 10 percent, we predict 9 percent this year with a somewhat weakened global economy," he said.
Previously, BI Governor Perry Warjiyo explained that the demand for credit that was still held back was influenced by three things, namely the wait-and-see behavior of business actors, the optimization of internal financing by corporations, and the decline in credit interest rates which were still slow.
However, Perry said that the interest in distributing bank loans is generally still quite good, which is reflected in the loosening of lending requirements, except for the consumer credit and MSME credit segments.
Despite the challenges faced by the banking intermediation performance, BI ensures that the resilience of the national banking industry remains strong.
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