KONTAN.CO.ID - JAKARTA. The Financial Services Authority (OJK) of Indonesia has reported a Non-Performing Financing (NPF) rate of 2.44% in the financing company industry for the fourth quarter of 2023. According to the OJK's Q4 2023 report released on April 29, 2024, the largest contributor to the NPF rate in the financing company industry during this period was the real estate sector, which accounted for 4.96%. This was followed by other business fields, contributing 3.42%. When compared to the NPF rate in the financing company industry for the fourth quarter of 2022, there was an increase of 0.12% in the fourth quarter of 2023. The NPF rate for the fourth quarter of 2022 stood at 2.32%.
Quarter IV-2023, Non-Performing Financing (NPF) in the Industry Reaches 2.44%
KONTAN.CO.ID - JAKARTA. The Financial Services Authority (OJK) of Indonesia has reported a Non-Performing Financing (NPF) rate of 2.44% in the financing company industry for the fourth quarter of 2023. According to the OJK's Q4 2023 report released on April 29, 2024, the largest contributor to the NPF rate in the financing company industry during this period was the real estate sector, which accounted for 4.96%. This was followed by other business fields, contributing 3.42%. When compared to the NPF rate in the financing company industry for the fourth quarter of 2022, there was an increase of 0.12% in the fourth quarter of 2023. The NPF rate for the fourth quarter of 2022 stood at 2.32%.