In a joint statement from Indonesia’s Financial System Stability Committee (KSSK), the Financial Services Authority (OJK) and the other member institutions assessed fiscal, monetary and financial-sector conditions in the fourth quarter of 2025 as stable, while flagging heightened global market volatility in January 2026 linked to trade and geopolitical tensions. The update, based on KSSK’s first regular meeting of 2026 held on 23 January 2026, sets out continued forward-looking monitoring and coordinated mitigation across agencies. Key financial-sector indicators cited include bank credit growth of 9.6% year on year to IDR 8,585 trillion (gross non-performing loans 2.05%, net 0.79%) and a capital adequacy ratio of 25.87%, alongside continued growth in insurance, pension and financing activity. OJK highlighted supervisory and policy steps including special credit or financing treatment for disaster-affected debtors in Aceh, North Sumatra and West Sumatra for three years from 10 December 2025, with IDR 12.58 trillion restructured for 237,083 customers by end-December 2025, and directions to insurers and reinsurers to activate disaster-response mechanisms and simplify claims. The statement also references OJK’s issuance of a 2025–2030 pawn industry roadmap, rules on buy now pay later and the strengthening of finance and venture capital firms, and new requirements covering asset-liability management, risk management and health assessments for insurance, guarantee and pension entities. On consumer protection and market integrity, the Indonesia Anti Scam Center reported returning IDR 161 billion to 1,010 scam victims via 14 banks, while the Illegal Financial Activity Eradication Task Force said it halted 2,263 illegal online lenders and 354 illegal investment offers during 2025; OJK also reported 29 licensed entities in the crypto-asset trading ecosystem and 20.19 million crypto consumers as of December 2025. KSSK scheduled its next regular meeting for April 2026, and the four institutions committed to completing implementing regulations under Law No. 4 of 2023 on Financial Sector Development and Strengthening with input from industry and the public.
OJK 2026-01-27
Indonesia's Financial Services Authority joins KSSK in reaffirming financial system resilience and setting out disaster-relief and anti-scam actions
Indonesia's Financial System Stability Committee, including the Financial Services Authority (OJK), reported stable fiscal, monetary, and financial conditions in Q4 2025, despite increased global market volatility in January 2026. Key measures include special credit treatment for disaster-affected regions, a pawn industry roadmap, and enhanced regulations for insurance and crypto sectors, with ongoing efforts to combat illegal financial activities and implement Law No. 4 of 2023.