Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
1
2
3
4
%
Jan-19
Apr-19
Jul-19
Oct-19
Multi-finance Companies' Performance Continues to Improve
IDR tn
Net Financing
500
400
300
200
100
0
Jan-191
The performance of multi-finance companies continues to improve, as shown by growing financing, a manageable Non-Performing Financing (NPF) ratio, and a
stable gearing ratio.
In October 2022, net financing increased to IDR402.64 Tn and continued its
positive growth at 12.17% yoy.
The NPF ratio of multi-finance companies improved, as shown by a decrease
from 2.58% to 2.54% in October 2022, well below the 5% threshold.*)
%
Growth (rhs)
YOY
12.17%
15%
10%
402.64
5%
0%
-5%
-10%
654ENTO
3
2
1
-15%
-20%
The gearing ratio of multi-finance companies stayed below the threshold and
stood at 2.01 times in October 2022.
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-22
Oct-22
250
200
2.01
150
100
50
Jan-19
Apr-19
Jul-19
Oct-19
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Multi-finance companies' exposure to domestic debt slightly increased, whereas
exposure to foreign debt was kept relatively stable in October 2022. *)
IDR Trillion
Domestic Debt
Foreign Debt
Source: Financial Service Authority (OJK) *) provisional figures due to the relaxation on financial institutions' report to OJK because of Covid-19
Jan-19
Apr-19
Jul-19
Oct-19
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-22
121
Oct-22
Apr-22
178.047
62.351
Jul-22
Oct-22
2.54View entire presentation