Government Measures to Mitigate Covid-19 Risk
IDR Tn
180
160
140
120
100
80
60
40
420
20
0
2016
Source: Financial Service Authority (OJK)
2017
IDR Tn
6,000
5,000
4,000
3,000
2,000
1,000
0
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Bank Loans
Financial Intermediation Affected Economic Activities
Recovery of financial services intermediation remains a challenge as credit demand has not fully recovered due to limitations on daily
activities...
Following the Bank's restructuring program, credit growth shows a
declining trend in 2020 with a -2.41% growth in December 2020.
On-going focus on repayment and restructuring, restrained new financing
distribution, pushing growth to contract by -18.20% in December 2020.
Dec-19
Jan-20
Feb-20
YoY Growth (rhs)
YOY
IDR Tn
5,481.56
16%
500
12%
400
8%
300
4%
200
-2.41%
90
0%
100
May-20
Jun-20
Jul-20
Aug-20
Dec-20
-4%
Financing
Capital raising through securities issuance reached IDR 118.7 Tn in 2020,
and recorded the highest number of IPO among ASEAN countries (53).
ΠΙΡΟ
Rights Issue
After experiencing a contraction since 2019, life insurance premium
growth increased by 1.9% while general insurance premium growth
remained steady from the previous month.
Corporate Bond & Sukuk
50
Life Insurance Premium Growth
General & Reinsurance Premium Growth
2018
2019
6.1
20.3
2020
92.3
10
10
-10
-30
Jan-19
30
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
YOY
Growth (rhs)
10%
370 5%
0%
-5%
-10%
Dec-19
Jan-20
Feb-20
Mar-20
Mar-20
Apr-20
Apr-20
May-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Sep-20
-7.2
134
1.9
-18.20% -15%
-
-20%
Oct-20
Nov-20
Dec-20View entire presentation