World & BusinessState banks’ lending push draws warnings over earnings and concentration risks
The Jakarta Post reports that S&P Global Ratings has cautioned about state lenders’ rising exposure to state-owned enterprises and government economic programs, with loan growth at twice the industry rate.
TLDR
S&P Global Ratings has warned of earnings and concentration risks at state lenders, The Jakarta Post reports. The report links the banks’ loan growth—at twice the industry rate—to their increasing exposure to state-owned enterprises and the government’s economic programs.
State banks’ lending push draws warnings over earnings and concentration risks
The Jakarta Post reports that S&P Global Ratings has cautioned about state lenders’ rising exposure to state-owned enterprises and government economic programs, with loan growth at twice the industry rate.
TLDR
S&P Global Ratings has warned of earnings and concentration risks at state lenders, The Jakarta Post reports. The report links the banks’ loan growth—at twice the industry rate—to their increasing exposure to state-owned enterprises and the government’s economic programs.
