Shariah-compliant lenders defy industry’s poor performance amid weak consumer sentiment
Of Indonesia’s four largest lenders, only Bank Central Asia posted net profit growth in the first nine months of 2025. (Source photos by Reuters, AP and Getty)
NATSUMI KAWASAKI and REZHA HADYAN
November 5, 2025 09:08 JST
JAKARTA — Indonesia’s biggest banks are facing further macroeconomic challenges stemming from government policies after reporting their weakest financial performances in the first nine months of 2025 since the COVID-19 pandemic.