Jakarta, CNBC Indonesia- Managing Director & Head of Global Financial Markets, Bank DBS Indonesia, Puneet Punj is still optimistic about the economic prospects and the resilience of the banking sector in facing global turmoil.
This is reflected in Bank Indonesia's steps to expand the Macroprudential Liquidity Incentive Policy (KLM), which was able to add IDR 81 trillion to banking liquidity, bringing the total incentives to IDR 242.80 trillion. Apart from that, the increasingly stable geopolitical conditions along with the results of the Presidential Election have given banks confidence to encourage credit expansion.
Bank DBS Indonesia looks at the prospects for credit growth in the mining sector, the electric vehicle (EV) supply chain sector and the transition finance and green financing sectors.
What are the prospects for Bank DBS Indonesia's credit expansion in an era of high interest rates? For more details, see the dialogue Safrina Nasution with Managing Director & Head of Global Financial Markets, Bank DBS Indonesia, Puneet Punj at Power Lunch,CNBCIndonesia (Thursday, 02/05/2024)