High credit risk levels could impose systemic risk on the banking system which then leads into harming the overall economic condition of a country. Therefore, it is essential to discover whether the same theory is actually applicable in Indonesia. This research is aimed to find the determinants of credit risk in Indonesian banks. Specifically, bank-specific variables will be used as the determinants and to find out whether the bank ownership structure as one of the bank-specific variables influence the level of credit risk. Annual financial data selected from 2002 until 2013 will be used in this research.