OCBC NISP: High interest rates do not promise sustainable CASA growth
2 days ago
Eyeing CASA growth, OCBC NISP isn’t keen on promoting high rates for savings. What are their strateg
Money in circulation reached IDR 8.97 quadrillion in July 2024
7 months ago
Broad money (M2) in circulation was reported reaching IDR 8.97 quadrillion in July 2024, up 7.4% year-on-year (yoy) from July 2023.
Deposit growth slows down in 2023
a year ago
The growth in the value of savings (deposits) in November 2023 increased by around 3% compared to the same period in 2022. When referring to deposits in December 2022, the value of deposits in November 2023 only increased 0.86%.