Vehicle Loans and financing through Adira Finance were down 4% have an impact on the credit slowdown in the first semester 2015. Danamon PT Bank Danamon Indonesia Tbk (Danamon) recorded total lending throughout the first semester 2015 amounted Rp136,2 trillion or decreased 3% when compared with the same period last year ie IDR 140,6 trillion.
Director of Bank Danamon, Vera Eve Liem said the decline in the loan portfolio caused by micro business loans through savings and loan funds (DSP), which decreased 15% to IDR 17.4 trilion from IDR 20,4 trillion in the same period the previous year.
In addition, Vehicle Loans (KKB) and financing through Adira Finance were down 4% to IDR 48,6 trillion and corporate loan were down 5% to 17.7 trillion, also has an impact on Danamon's total loan portfolio decreased by 3% ,
"Micro and CLA experienced a decline, then our credit fell by 3% to Rp136,2 trillion compared to last year's 140 trillion. CLA for four-wheel fell 23%. Financing through Adira Finance fell 4%. Corporate loan fell 5%, "Vera said in Jakarta, Tuesday, July 28, 2015.
Nevertheless, the loan portfolio of small and medium enterprises (SMEs) increased 7% to IDR 21,6 trillion, retailing including mortgage loans and unsecured loans and credit cards grew 16% to IDR 11.4 triluin, and sharia grew 46% to IDR 2 , 8 trillion.
While credit sharia segment grew 46% to IDR 2.8 trillion from IDR 1.9 trillion. She hoped, in the second half of 2015 the credit could grow even better when compared to lending in this first semester 2015 which decreased 3%.
"We expect the credit in the second half better than the first semester by looking at the economic conditions, credit demand is expected to improve after Lebaran. But this year is expected credit the same as last year, "added Vera.