Bank Indonesia projects that loan growth in 2026 will be maintained within the range of 8-12 percent.

A buyer pays his bill using Quick Response Indonesia Standard (QRIS) code at a street foodstall on Jl. Ampera Raya in South Jakarta on Feb. 6, 2021. (Antara/Reno Esnir)

Bank credit issuance continues to rise despite persistently high undisbursed loans, according to Bank Indonesia (BI).

Overall loan growth climbed to 12.67 percent year-on-year (yoy) in June, up from 11.51 percent yoy recorded in May.

Investment credit shows the highest growth among bank credit categories at 24.9 percent yoy, followed by working capital loans at 8.94 percent and consumer loans at 5.75 percent.