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Monetary Intermediation in Indonesia: ISIC 651

Indonesia monetary intermediation market forecast to be worth Rp624.5Tn in 2018

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2014-04-01 08:01:02 - Monetary Intermediation in Indonesia: ISIC 651 - a new market research report on

Indonesian market of monetary intermediation reaches value of Rp359.4 trillion in 2012 following 13% average annual growth over review period. Indonesia has developed banking sector that accounts for 3% of country´s GDP in 2012.

Mortgages represent most popular type of consumer lending product in 2012. One of banking sector´s main issues is low level of inclusion, as only half of population has access to banking services. Industry´s output predicted to see 10% CAGR over 2013-2018 to reach Rp624.5 trillion.

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