page_title: South Kalimantan
section_title: Finance and Banking
hierarchical_section_title: South Kalimantan / Economy / Finance and Banking
caption_attribution_description: English: KPM steamers along the quay at the Martapura river Nederlands: Foto. Schepen van de KPM langs de kade aan de Martapura-rivier, Bandjermasin
context_page_description: South Kalimantan is a province of Indonesia. It is the smallest province in Kalimantan, the Indonesian territory of Borneo. The provincial capital is Banjarmasin. The population of South Kalimantan was recorded at just over 3.625 million people at the 2010 Census, and at nearly 4 million at the 2015 Census; the latest official estimate is 4,119,794. One of five Indonesian provinces in Kalimantan, it is bordered by the Makassar Strait in the east, Central Kalimantan in the west and north, the Java Sea in the south, and East Kalimantan in the north. The province also includes the island of Laut, located off the eastern coast of Kalimantan. The province is divided into 11 regencies and 2 cities. South Kalimantan is the traditional homeland of the Banjar people, although there are some part of East Kalimantan and Central Kalimantan that is also included in this criteria. Nevertheless, South Kalimantan, especially the capital city Banjarmasin has always be the cultural capital of Banjarese culture. Many Banjarese has migrated to other parts of Indonesia, as well as neighbouring countries such as Singapore and Malaysia.
context_section_description: Judging from its performance in 2009, banks in South Kalimantan recorded lower growth compared to the previous year as a result of the global financial crisis. However, some indicators still recorded positive growth. The volume of South Kalimantan's banking business (assets) grew 13.3% from the end of 2008 to reach Rp21.24 trillion. This asset growth is mainly supported by credit growth and deposits.
  Public funds collected by South Kalimantan banking at the end of 2009 reached IDR 18.33 trillion or grew by 13% (y-o-y). all types of accounts in the form of demand deposits, savings accounts, and time deposits show positive growth of 10.51% (y-o-y), 17% (y-o-y), and 5.86% (y-o-y), respectively.
  Meanwhile, in terms of lending, at the end of December 2009 the amount of loans disbursed reached Rp13.95 trillion or grew by 16% (y-o-y). This credit growth was mainly supported by consumption credit and investment credit which grew quite high at 24.81% (y-o-y) and 30.42% (y-o-y).
  With these developments, the banking intermediation function reflected by the LDR (Loan to Deposit Ratio) ratio in 2009 showed an increase, from 74% in 2008 to 75.7%. Meanwhile, thanks to the hard work of all the authorities, credit risk was maintained at a safe level in 2009 with an NPL ratio of 2.14% lower than the NPL ratio at the end of 2008 which reached 4.76%.
  The number of banking institutions in South Kalimantan consists of 15 conventional commercial banks, 6 Islamic public banks, 24 rural credit banks (BPR) and 1 Sharia BPR, with a network of 196 offices, and 123 ATM support.
caption: Ships on the Martapura River during the Dutch colonial era
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