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AS THE economy recovers, credit distribution in the tourism sector has begun to rise. This has encouraged an increase in bank credit and is expected to continue until the end of the year.
PT Bank Central Asia Tbk (BCA), for example, has disbursed loans in the tourism sector of around IDR14 trillion in April 2022. The company sees the tourism sector starting to improve in line with the acceleration of the government’s vaccination program.
“Then it is supported by the easing of community activities, mobilization that moves towards normalcy and a number of parties that have contributed to the economic recovery after the COVID-19 pandemic,” said Executive Vice President Secretariat & Corporate Communication of BCA, Hera F. Haryn, Friday (6/10).
In the midst of the challenges of the COVID-19 pandemic and the process of recovering economic conditions, BCA strives to maintain a healthy credit growth rate in line with market demand while maintaining the quality of loans disbursed.
“In carrying out these efforts, BCA always adheres to the principle of prudence through the implementation of disciplined risk management,” he explained.
In the future, BCA will work more closely with various parties to encourage the recovery of the tourism sector. That way, this sector can contribute to the national economy and provide added value to the community.
The bank targets credit growth in the range of 6-8% this year. Taking into account the mobility of the community which is expected to return to normal, interest rates and existing liquidity. [sources/photo antara]
