However, if the deposit growth is as good as the last quarter, mobilizing interest rates are likely to decline in early 2020.
This is according to a recently released report by SSI Securities Corporation. According to the State Bank, as of September 24 this year, total outstanding loans, total capital mobilization, and total means of payment have all grown by more than 8.5% since the beginning of the year.
According to SSI's estimation, credit growth in the first 9 months of this year is about 9%, the lowest growth rate compared to the same period over the last four years.
