Indonesia

Good news for Indonesian merchants and consumers.

It's a challenge for loan growth.

But net interest margins fall.

Amid narrowing banks’ net interest.

Deutsche Bank announced the appointment of Kunardy Lie as Chief Country Officer, Deutsche Bank, Indonesia effective immediately. He takes over from Suresh Narang as Chief Country Officer for Indonesia, who retired from the Bank at the end of March 2014. Mr Lie will report to Gunit Chadha and Alan Cloete, Co-Chief Executive Officers, Asia Pacific and members of the Group Executive Committee, Deutsche Bank AG.  

Find out what's the hottest topic in retail banking.

What could be behind this forecast?

2013 results hard to beat, they say.

Thanks to these 3 growth drivers.

Will it stay ahead of peers?

That's 5.6% more than previous forays.

Thanks to 'loss-absorption' cushions.

Caused by effort to stabilize the economy. Central bank governor Agus Martowardojo expects credit to expand slower from 15.5% to 16.3% next year from this year's credit growth estimate of 20%. Part of the stabilization program is the effort to keep the Indonesia’s current account deficit at a favorable level, he said. High interest rates in the banking sector are also causing banking credit to falter. "With the current higher banks' interest rate, it is going to push the growth of the credit to the range (of 15.5% to 16.3%)," said Martowardojo.

An easy exit from their current account deficits?

BCSA represents strong financial cooperation between both countries.

Chosen for his deep knowledge of Indonesia’s business environment.