Bad loans creep up in May amid sluggish bank loan growth – Economy
ndonesia’s banking industry has seen an increase in bad loans amid slower loan growth, as the country’s economy has taken a hit from global uncertainty. According to the Financial Services Authority (OJK), local banks’ non-performing loans (NPL) increased to 2.29 percent in May, up from 2.24 percent noted in the preceding month and 2.08 percent in