Digital transactions at Indonesia’s top banks on the rise

Bank Central Asia was the top bank by digital volume, and recorded the largest annual growth of 46% from 2021 to 2022.

It is the only one of the four biggest banks in Indonesia which is not state-owned, and also has the smallest number of branch offices.

We compared the digital transaction volumes processed by Indonesia’s top banks in a premium story this week. We also looked at their net interest margins and probed into the archipelago’s shifting number of offline bank offices and ATMs.