Bank of Indonesia has kicked off the Indonesian Intermediation Acceleration Program 2026, or PINISI 2026, in Jakarta as a joint initiative with the Government, banks, investors and business players to speed financing to the real sector and address intermediation bottlenecks. The program is part of Bank of Indonesia’s broader policy mix to support national economic growth in 2026 in the 4.9% to 5.7% range while maintaining financial system stability. The launch highlighted three priorities: improving business confidence and matching financing with national priority projects, strengthening domestic growth engines and financing capacity, and ensuring policy transmission to economic activity. Bank credit growth reached 9.49% year on year in March 2026, while undisbursed loan facilities stood at IDR 2,527.46 trillion, equal to 22.59% of available credit lines. Bank of Indonesia said it will continue optimizing its Macroprudential Liquidity Incentive Policy to encourage lending to government priority sectors and support further reductions in lending rates. Banking system funding conditions remained supported by a liquid assets to third-party funds ratio of 27.85% and third-party funds growth of 13.55% year on year. The Government also said its credit program had reached IDR 78.39 trillion as of 31 March 2026, or 24.88% of the 2026 target, with emphasis on lending to MSMEs and sectors that generate value added and employment. The PINISI 2026 kick-off runs on 27 and 28 April 2026 and brings together government ministries and agencies, the banking industry, domestic investors, business players and global investors. The program includes policy and business dialogue as well as showcasing and business matching for government priority programs and the banking industry.

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