Government Measures to Mitigate Covid-19 Risk slide image

Government Measures to Mitigate Covid-19 Risk

0 Jan-19 Feb-19 Mar-19 Apr-19 May-19 2 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 4 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 16 14 12 10 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 NNNN 22 20 18 26 24 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 ■CAR Resilient Financial Institutions ■Tier 1 Domestic financial institutions remain sound and stable, supported by strong capitals and leverage amidst hurdles due to the pandemic... CAR of the banking sector remained high and stable at 23.84%, with Tier-1 capital at 22.06% as of December 2020. *) RBC of the insurance industry remained high and well above the minimum threshold (120%) with Life Insurance RBC at 529% and General Insurance RBC at 343%. *) Sep-20 Oct-20 Nov-20 Dec-20 As of December 2020, banking sector's profitability remained adequate with a slight increase from the following month. *) 6 ■Net Interest Margin Return on Assets Gearing ratio of multi-finance companies remained steady far below the threshold in December 2020. *) % 4 4.32 3 Source: Financial Service Authority (OJK) *) provisional figures due to the relaxation on financial institutions' report to OJK because of Covid-19 Dec-20 2 1.59 1 0 T T Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 135 Dec-20 Life Insurance (Lhs) 900 23.84 800 22.06 700 600 500 400 300 200 General Insurance (rhs) 400 343 350 300 529 250 - 200 100 0 threshold Insurance RBC (Lhs)=120% threshold Insurance RBC (rhs)=120% 150 100 50 0 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Apr-20 2.15 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20
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