The Jakarta Post, 20 Sep 2008
JAKARTA: PT Bank DBS Indonesia expects lending to grow by 30 percent this year compared to a year earlier, as demand will remain strong despite high interest rates.
"For this year, a 30-percent growth in lending is definitely possible," credit management head Ferry Singgih Adiwono said Thursday evening on the sidelines of a gathering to break the fast.
The bank booked Rp 15 trillion (around US$1.58 billion) in lending last year and hopes to see that figure rise to Rp 19.52 trillion by the end of the year.
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