Jakarta, CNBC Indonesia – Star Asset Management targets to attract 50 thousand investors this year and develop its mutual fund products. STAR AM President Director Hanif Mantiq said that currently his party is preparing stock index-based mutual funds, especially in the banking sector.

"Last year we launched the STAR Infobank15 mutual fund, then completed the fixed income product as well. "Last year we were also successful in selling products with government bonds as the underlying," said Hanif during CNBC Indonesia Market Outlook, Thursday (15/2/2024).

The banking sector is said to be the 'champion' this year because it is supported by various positive aspects, from credit growth which is projected to be above 10%. With positive economic growth, credit distribution is expected to become increasingly massive.

Apart from that, the reduction in interest rates is considered to have not affected the decline in banking Net Interest Margin (NIM).

"There may be an anomaly between the BI Rate and bank deposits. "If now the BI rate is 6% and deposits are 5%, then the bank has succeeded in reducing its cost of funds," he said.

Banking dividends have also reached their highest value in history and are projected to continue to increase. This banking performance is also said to be a driver of the Indonesian economy. perekonomian Indonesia.