Medan , 8 / 4 (Xinhua) - The loan to deposit ratio (Loan to Deposit Ratio) banking North Sumatra which has an increasing trend that reached 82.35 percent in February 2011 is one indication of the improving business climate in the area.
"LDR 82.35 percent because of Deposits (third party funds), banks collected as much as Rp110, 56 trillion, the amount of loans reached Rp91, 05 trillion," said the leader of the BI Regional North Sumatra -Aceh, Nasser Atorf, in Medan , on Friday .
Raising deposits which amounted to Rp110, 56 trillion itself rose 1.37 percent compared to the position in December 2010.
With the increase in LDR was expected economic growth in North Sumatra which is targeted at 6.5 to 7 percent this year could be achieved.
"Absorption expected credit greater following the declining trend in bank lending rates," he said.
He admitted, at penyaluraan bank credit in 2010, Islamic banking is the backbone of the economic drivers of the real sector with the LDR is higher than conventional banks.
Referring to the fact that, Bank Indonesia Medan to put more focus on micro and small scale enterprises (MSEs) as a milestone in the economic empowerment of the people.
Head of Economic and Monetary Bank Indonesia (BI) Regional North Sumatra -Aceh Mikael Budisatrio mention, bank credit up to February 2011 was dominated by working capital loans (KMK) or reach Rp46, 77 trillion, followed by consumer loans of Rp25, 86 trillion and investment loans Rp18, 42 trillion.
Over the many absorption KMK also showed that business activity is improving.
"The ratio LDR goes up it also shows the intermediation function of banks in North Sumatra was relatively baik.Apalagi increase in monthly and annual increases. In January LDR still amounted to 80.83 per cent, "he said.
The more encouraging, because of problem loans in February 2011 was relatively small or equal to 1.68 percent. *** 5 ***
