Bank Indonesia sees the bank loan to grow around 8 to 10 percent year-on-year in 2016 amid the slowdown economy. Previously, the central bank predicted the credits growth in the range 12 to 14 percent. BI’s Senior Deputy Governor Mirza Adityaswara, said it would difficult to reached the old target based on the current situation. Stronger growth was expected in the second semester of this year on the relaxation in macro monetary policy has released by the Bank. BI has increase the minimum limit of Loan to Funding Ratio (LFR) to 80 percent from 78 percent earlier and in Loan To Value (LTV) ratio for housing credit to 85 percent from 80 percent earlier .
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