KONTAN.CO.ID - JAKARTA. Banking consumption loans began to show improvement in April 2021. This includes the housing loan (KPR) and motor vehicle loans (KKB) sectors. Bank Indonesia also said that apart from mortgage loans, motor vehicle loans had grown as of May 2021. This was also driven by the incentive for the Sales Tax on Luxury Goods (PPnBM) of motor vehicles of up to 100%. The KKB is projected to increase again because the government plans to extend the PPnBM incentives until next August. Currently, market participants are still waiting for the Minister of Finance Regulation (PMK). This increase was also experienced by PT Bank CIMB Niaga Tbk (BNGA) which noted that consumer loans grew positively until May 2021. It was CIMB Niaga Auto Finance, or CNAF, which is a subsidiary of CIMB Niaga, which recorded motor vehicle loans as of May 2021 growing by around 13, 5%. This was followed by a 6% increase in home ownership loans. Meanwhile, the sector that is still contracting so far is the credit card business, which is minus 2%. Bank CIMB Niaga's Consumer Director, Lani Darmawan said, until the end of 2021, this private bank hopes that motor vehicle loan growth will be stable or grow in the range of 13% -14%. "The strategies that CIMB Niaga continues to implement to increase the trend of motor vehicle loans include doing a lot of cross selling to existing customers, collaborating with new and used car dealers, and increasing digitalization for a fast process," Lani explained to Kontan.co.id, Tuesday (22/6).