Indonesia's Financial Services Authority (OJK) published the outcomes of its 27 November 2025 Monthly Board of Commissioners Meeting, concluding that financial sector stability remained intact while setting out supervisory and policy measures to mitigate localized shocks and support market functioning. As context, the Jakarta Composite Index (IHSG) ended November at 8,508.71 (up 20.18% year-to-date) and banking credit grew 7.36% year-on-year in October, with a 2.25% gross non-performing loan ratio and a 26.38% capital adequacy ratio. The most immediate action is special treatment for credit and financing to borrowers affected by floods and landslides in Aceh, North Sumatra and West Sumatra, adopted on 10 December 2025 under OJK Regulation 19/2022. For exposures up to IDR 10 billion, lenders may assess asset quality based solely on payment timeliness, classify restructured exposures as current, and extend new financing with separate credit-quality treatment; the relaxation applies for up to three years from 10 December 2025. OJK also instructed insurers and reinsurers to activate disaster-response mechanisms and simplify claims processes, with early data showing potential insured claims of IDR 492.53 billion for property damage and IDR 74.50 billion for motor vehicle damage, plus estimated exposure of around IDR 400 billion for state assets, and requested banks to block approximately 30,392 accounts linked to online gambling and apply enhanced due diligence. To ease operational pressures in affected areas, OJK extended multiple regulatory reporting deadlines into late December 2025, including moving the November 2025 SLIK submission deadline to 30 December 2025. The release also summarised recent rulemaking, including amendments to the framework for trading digital financial assets and cryptoassets that took effect on 10 November 2025, a new asset-liability management rule for insurers and reinsurers with a two-year transition for non-compliant direct equity holdings, and updated risk management requirements for insurers, guarantee institutions and pension funds effective 1 January 2026. Further changes covered PVML supervision (including microfinance-related parameters), pawnshop regulation, rural bank business planning, electronic IPO order verification and allocation, banks’ internal liquidity adequacy assessment processes, and the recognition of credit rating agencies, alongside ongoing work to finalise a draft circular on pawnshop health assessments.
OJK 2025-12-11
Indonesia's Financial Services Authority grants three-year disaster-related loan treatment and reporting deadline relief for affected regions
Indonesia's Financial Services Authority (OJK) reported financial sector stability after its November 2025 meeting, detailing measures for localized shocks, including special credit treatment for flood-affected borrowers in Aceh, North Sumatra, and West Sumatra. OJK mandated insurers to activate disaster-response mechanisms and extended regulatory reporting deadlines for affected areas. Recent rulemaking includes amendments for digital financial assets, new asset-liability management rules for insurers, and updated risk management requirements effective January 2026.