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DEMAND FOR BANK LOANS IN INDONESIA SEEN RISING IN Q2.
JAKARTA, May 3 Asia Pulse - Demand for bank loans is expected to increase in the second quarter of 2006 following a decline in the first quarter, according to a survey conducted by Bank Indonesia.
According to the survey obtained by ANTARA, the central bank predicted the demand for bank loans will rise in line with the increasing need for funds to finance business operations.
It forecast demand for new loans to jump by 75.8 per cent in the second quarter of this year due to an increasing need to have credit for funding business amid improving economic conditions.
In the first quarter of 2006, it said the amount of bank loans fell to 4.4 ...
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...SME might be looking for. Bank loans were particularly unpopular...just under half, or 49 per cent, preferred to use cash...more than AGBP100,000 did bank loans become the most popular source of finance at 44 per cent, with cash still favoured...
Source: HighBeam Research, DEMAND FOR BANK LOANS IN INDONESIA SEEN RISING IN Q2.