Bad loans at Rp 10/23 trillion as of April

JAKARTA (JP): Bank Indonesia, the central bank, announced yesterday that bad loans at state and privately owned banks reached Rp 10.23 trillion (US$4.19 billion) as of April, or 2.93 percent of the total Rp 349.77 trillion in loans.

This was higher than the bad loans total recorded in December last year, which was Rp 9.5 trillion, or 2.87 percent of the total Rp 331.29 trillion.

Table A: Overall Loan Performance

December 1995 December 1996 April 1997

---------------------------------------------------- Performance Nominal Share Nominal Share Nominal Share

value (Rp (%) value (Rp (%) value (Rp (%)

trillion) trillion) trillion) --------------------------------------------------------------------- Well-performing 239.917 89.59 302.167 91.21 317.483 90.77 Substandard 7.364 2.75 8.554 2.58 9.875 2.82 Doubtful 11.726 4.38 11.068 3.34 12.184 3.48 Bad 8.798 3.29 9.502 2.87 10.233 2.93 --------------------------------------------------------------------- Total 267.805 100.00 331.291 100.00 349.775 100.00

Table B: Bad Loans at Banks

December 1995 December 1996 April 1997

---------------------------------------------------- Banking group Nominal Share Nominal Share Nominal Share

value (Rp (%) value (Rp (%) value (Rp (%)

trillion) trillion) trillion)

---------------------------------------------------- State-owned banks 6.392 2.39 6.363 1.92 6.743 1.93 Private domestic banks 1.434 0.54 2.163 0.65 2.506 0.72 Provincial development banks 0.482 0.18 0.469 0.14 0.495 0.14 Foreign and joint venture banks 0.489 0.18 0.507 0.15 0.488 0.14 --------------------------------------------------------------------- Total 8.798 3.29 9.502 2.87 10.233 2.93

Source: Bank Indonesia