Thursday, December 11, 2014

Declining commodity prices affects Banking Credit

Global economic conditions, which until now has not shown any certainty will have an impact on developing countries such as Indonesia. In fact, this condition is expected to be a challenge for banks in 2015.

This statement was published by the Chief Executive Banking Supervisors Financial Services Authority (FSA), Nelson Tampubolon, in Jakarta, Thursday, December 11, 2014. "Next year facing the banking system is not light, Globar economic conditions will continue to color the development of our economy," he said .

According to him, the decline in world commodity prices also have an impact on Indonesia's main commodities. Because, in 2015 this trend is predicted to continue. It is expected to also affect bank lending in the corporate sector, so the bank financing in sectors related to the commodity will decline.

"Segmentation will affect the pattern of economic growth of developing countries. The downward trend in world commodity predicted continued in 2015, and can affect the twists and bank credit, "added Nelson.

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