Tag: Shareholding structure

Despite lingering risks, particularly in real estate and consumer sectors, the overall outlook remains positive as the year draws to a close. With credit growth sustaining its steady pace and legal frameworks for debt resolution improving, bad debt levels are likely to ease slightly by year-end, staying within manageable limits.

Credit growth is projected to reach a robust 20% this year, signaling a positive outlook for the entire banking sector. However, Q3 financial reports reveal a more nuanced narrative: it’s not just about the pace of growth, but the shifting dynamics of credit flows and emerging challenges that will shape the future trajectory of individual banks in the coming period.

Under the new regulations, e-wallet service providers are required to conduct in-person meetings with e-wallet owners and perform thorough identity verification checks. This process includes cross-referencing official identification documents and confirming the biometric data of the e-wallet owner to ensure accuracy and security.