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Bank Woori Saudara's credit increased by IDR 3.15 trillion

02 March 2021 14:48

JAKARTA - The credit distribution of PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) grew by IDR 3.15 trillion amid the pandemic in 2020, but the acquisition of third party funds (TPF) decreased from 2019. This was reported by Cui Jung Hoon, President Director of SDRA, in the 2020 Financial Report published on Tuesday (2/3).

He conveyed that the disbursed loans was IDR 29.57 trillion, increased from 2019 of IDR 26.42 trillion. Meanwhile, non-performaning loans were recorded at IDR 149.88 billion, decreased from 2019 of IDR 271.62. billion. By type, the largest proportion of loans were for consumption credit, followed by working capital loans and investment loans.

On the other hand, the TPF collected in 2020 amounted to IDR 18.49 trillion, lower than in 2019 of IDR 19.06 trillion. In TPF, time deposits were recorded at IDR 12.08 trillion, still the largest amount compared to savings accounts of IDR 4.05 trillion, and current accounts of IDR 2.35 trillion. (LK/VA)

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