The Indonesia Financial Services Authority published its June 2026 monthly board statement, concluding that financial sector stability remained intact despite geopolitical uncertainty, inflation pressure and softer domestic indicators. The main picture was one of resilient intermediation and manageable risk. Bank lending grew 11.51 percent year on year in May to IDR 8,918 trillion, third-party funds rose 13.49 percent to IDR 10,294 trillion, gross nonperforming loans stayed at 2.17 percent and the capital adequacy ratio remained strong at 23.74 percent. Outside banking, insurance assets and pension assets continued to grow, online lending outstanding rose 25.60 percent year on year to IDR 103.73 trillion with TWP90 at 4.42 percent, while finance company receivables grew 1.71 percent year on year. Capital markets were more volatile, with the Jakarta Composite Index down 7.90 percent month on month in June and foreign investors recording IDR 19.63 trillion of net equity sales, although foreign demand for government bonds turned positive with IDR 22.43 trillion of net purchases. The update also highlighted several supervisory and policy actions. OJK said the optimization of the Financial Information Service System took effect on 1 July 2026, requiring financial firms to update credit or financing information no later than three business days after repayment and applying a reporting threshold above IDR 1 million. It also issued three new regulations covering conduct standards for financial sector information providers including financial influencers, minimum capital and core capital compliance for rural banks, and daily transaction reporting and data requests for fintech lending platforms. In digital finance, OJK said two new business models had passed its regulatory sandbox in June, a Rupiah stablecoin issuer, PT Adhyoka Berkah Maju with product IDRP, and a non-trading digital financial asset custodian, PT Tennet Depository Indonesia, enabling them to proceed to registration. The authority also reported continued enforcement across sectors, including expanded bank due diligence and blocking measures on about 36,191 accounts linked to online gambling, the revocation of PT BPR Ceper Permata Artha's business license, and sanctions in capital markets, nonbank finance and digital asset activities. Further rulemaking is in train. OJK said it is drafting regulations on structured products for commercial banks, incidental reporting in capital markets, microfinance institutions, investment-linked insurance products, country risk and transfer risk management, and anti-money laundering and counterterrorist financing guidance for trustees.
OJK2026-07-07
Indonesia Financial Services Authority says financial sector stability held and issues new rules on credit reporting financial influencers and rural bank capital
The Indonesia Financial Services Authority said financial sector stability remained intact in June 2026, with bank lending growth accelerating to 11.51 percent year on year, asset quality stable and capital strong, even as equity markets stayed under pressure. It also rolled out policy changes including tighter credit reporting timelines from 1 July 2026 and new rules for financial influencers, rural bank capital and fintech lending data reporting. In digital finance, OJK said a Rupiah stablecoin issuer and a digital asset custodian passed the regulatory sandbox and can move to registration.