The Indonesia Financial Services Authority has launched an optimization of the Financial Information Service System, or SLIK, to improve debtor data quality and widen access to finance for productive sectors, including micro, small and medium enterprises and the 3 Million Homes Program. Effective 1 July 2026, the changes require financial services providers to update credit or financing information no later than three working days after repayment and apply a debtor information threshold for amounts above IDR 1 million so the information used in credit analysis remains proportionate and relevant. OJK said the stronger data timeliness and accuracy should help lenders process housing finance and subsidized mortgages more quickly while reducing complaints from borrowers whose fully repaid facilities have not yet been updated. It also stressed that SLIK is not the sole basis for approving credit or financing, with decisions remaining with each financial institution under its own feasibility assessment, risk management and prudential standards. SLIK is used by 2,169 reporting entities and handles an average of 31 million debtor information requests each month, with 35.3 million inquiries recorded in April 2026. The launch comes as bank lending reached IDR 8,918 trillion in May 2026, up 11.51 percent year on year, while MSME credit stood at about IDR 1,500 trillion and housing credit rose 4.99 percent.

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