Indonesia’s Financial Services Authority (OJK) has updated its requirements for commercial bank business plans to make them more realistic, risk based and responsive to digitalization, changing business models and economic conditions. Regulation No. 17 of 2026 replaces the 2016 framework and positions the business plan as a strategic guide for business development and risk management, as well as a basis for forward looking supervision. Banks must align their plans with their broader strategies and reflect prudential standards, governance, risk management and institutional capacity. Boards of directors are responsible for preparing, implementing and communicating the plans, while boards of commissioners must oversee their execution. Sharia supervisory boards must provide an opinion for Sharia commercial banks and conventional commercial banks with Sharia business units. The revised framework expands required content across financial projections, funding and financing, capital, investments and divestments, organizational infrastructure, products and branch networks. It also governs plan submissions, amendments, evaluations and reporting through OJK’s system, including implementation and supervisory reports, and provides for administrative sanctions and transitional arrangements.
Indonesia’s Financial Services Authority updates commercial bank business plan requirements
Indonesia’s Financial Services Authority has updated commercial bank business plan rules, requiring realistic, risk based plans aligned with banks’ strategies, governance and institutional capacity. The framework strengthens board accountability, expands required planning content and formalizes submission, monitoring and reporting through OJK’s system.