We are all aware that  BIS Review 26/2009  5  without safe and adequate capital, the bank intermediary function will not run optimally, and industry resilience to inauspicious conditions, such as now for example, will be undermined.
Based on current capital strength and contradictory to credit growth in developed countries such as in the European Union and United States, where a downturn was experienced in 2008 and perhaps negative growth will prevail in 2009, credit growth in Indonesia in 2009 is estimated to remain in the range of 18%-20%. Yet the downside risks are relatively large.