Indonesian Banking Survey 2015
The past year 2014 had been a challenging year for the Indonesian economy. Indonesia's economy in 2014 grew at its slowest pace in five years. Since the beginning of 2014, economic growth has been trending down as exports of primary commodities fell, and growth slowed in the international market, especially China. In addition, the high interest rate environment and the weakening of Rupiah had affected the domestic demands as well. The year 2014 also marked with the legislative and presidential elections.
With that backdrop, we asked senior banking executives in December 2014 for their views as to how they see 2015 and challenges ahead. Our survey covers bankers’ prediction, concerns, comments on regulations, responses to new government initiatives and thoughts on consumer banking trends.
