JAKARTA — Lending to the small and medium-sized enterprise (SME) and emerging business banking (EBB) segments recorded stronger growth than mortgage loans within the consumer credit portfolio of PT Bank Permata Tbk (BNLI).

The figures were presented during the Permata Bank Public Expose 2026 held in Jakarta on Thursday, 12 March 2026. The event was attended by Rudy Basyir Ahmad, Finance Director and Head of Sharia Business Unit, as well as Josua Pardede, Chief Economist at Permata Bank.

Overall consumer lending at the bank declined 4.25% year-on-year in 2025, falling from IDR 44.7 trillion to IDR 42.8 trillion.

Mortgages remained the largest contributor to Permata Bank’s consumer loan portfolio, accounting for 64.2% of the total. However, mortgage disbursements declined 2.8% to IDR 27.5 trillion in 2025.

“Last year, the challenges in mortgages were still quite significant, particularly from the pricing side,” Rudy told IDNFinancials.com on Thursday (12/3).

He added that although growth in the mortgage segment slowed, it was partly offset by expansion in lending to micro, small and medium enterprises (MSME).

Loans to the SME and EBB segments grew 1.6% throughout 2025, reaching IDR 6.3 trillion by the end of the year, representing around 14.7% of the bank’s total consumer loan portfolio.

Overall, the SME and EBB segment, together with joint financing, were the two segments that posted positive growth trends within Permata Bank’s consumer portfolio.

The joint financing segment increased by IDR 0.1 trillion. However, in terms of contribution, the SME and EBB segment remained larger, accounting for 14.7% of the consumer portfolio, compared with 11.2% for joint financing.

Meanwhile, several other consumer segments either weakened or stagnated. Unsecured loans declined from IDR 2.6 trillion in 2024 to IDR 2.3 trillion in 2025, while credit card lending remained flat at around IDR 2.0 trillion.

Despite the slowdown in mortgages this year, the bank aims to improve mortgage performance going forward by focusing on the primary housing market, including partnerships with major property developers to help revive growth in the housing sector. (SA/ZH)