Indonesian Banks Maintain Optimism on Consumer Credit Growth

Positive Outlook Despite Economic Challenges

Major Indonesian banks are maintaining their optimistic outlook on consumer credit growth despite concerns about weakening consumer purchasing power. Permata Bank is projecting a 10% growth in its consumer credit portfolio for 2026, with varying performance across different segments. The bank's Division Head Consumer Lending, Haryanto, stated that the projection is based on positive expectations across various consumer credit categories.

Segment-wise Performance Expectations

Permata Bank is particularly optimistic about the small and medium-sized enterprises (SME) segment, anticipating stronger growth compared to other categories. The bank also expects continued improvement in credit card performance and personal loans. Specifically, both mortgage loans (KPR) and vehicle financing are expected to show stronger growth compared to the previous year.

BCA's Consumer Credit Performance

BCA's EVP Corporate Communication & Social Responsibility, Hera F. Haryn, expressed confidence in achieving their credit growth targets for 2025 and maintaining a positive trend into 2026. As of September 2025, BCA reported Rp223.6 trillion in consumer credit disbursement, representing a 3.3% year-on-year growth. The growth was primarily driven by a 6.4% increase in mortgage loans to Rp138.8 trillion.

Strategic Initiatives for Credit Growth

To maintain credit growth momentum, BCA plans to continue offering attractive promotions with competitive interest rates to stimulate demand. The bank aims to balance liquidity management with healthy credit expansion while maintaining disciplined risk management practices. This strategy is designed to support both bank performance and national economic growth.

Market Outlook

Both Permata Bank and BCA are leveraging their strong liquidity positions to support credit growth while maintaining prudent risk management practices. Their optimistic projections are based on continued economic stability and effective monetary policies.