Standard & poors and global rating funds released the result of survey estimating indonesia banks are slow to grow in 2016 period. This is one of difficult period much caused by the economy growth slowdown and bad credits.
S & P stated that the non performing loan of indonesia banks will rise slightly to 3 to 4 percents from 2.9 percents in month of february.
However, in asean region the banks still have resillience against global economy shock in 2016. It is predicted that in asean region the npl will still rise slightly due to the slow of economy growth of the region.
The monetary fund also in its formal release, estimated the decrease of economy growth globally from 3.4 percents to 3.2 percents. Facing the case, asean regions are cooperating to work on target 4.7 percents economy growth. As the consequence of low productivity of this economy slow down, the number of jobless will increase for certain periods.
Nevertheless, comparing to european economy, asian are better and the asean member countries expected to work on solutions.
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