Bank Loan Growth Faces Uncertainty in 2025

The banking industry may encounter limited opportunities next year, as the implementation of a 12% VAT rate could dampen purchasing powerv

Bisnis, JAKARTA — The banking industry may face limited opportunities next year due to the implementation of a 12% value-added tax (VAT) rate, which could erode purchasing power. Despite this, the government is offering incentives to support key sectors, including MSMEs, mortgages, and motor vehicle loans.

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