High Interest Rates and Their Impact on Consumer Banking Credit

Amid the current high interest rate environment, the banking sector is still recording a resilient trend in consumer credit demand. Hana Bank’s Director of Branch Business, Hendri Setiawan, stated that the need for financing in consumer segments such as housing, education, and healthcare remains strong. However, the bank observes that customers are now more prudent in managing their debt and are paying closer attention to the size of their instalments. Consequently, Hana Bank is focusing on ensuring customers’ repayment capacity remains sufficient and offering financing solutions tailored to their financial capabilities.