The Indonesia Financial Services Authority (OJK) assessed the financial services sector as stable despite geopolitical disruption, persistent global inflation and moderating economic growth. Bank lending rose 13.58% year over year in July to IDR 9.135 quadrillion, led by investment and corporate credit, while gross nonperforming loans remained at 2.10% and the capital adequacy ratio increased to 23.84%. Domestic equities gained 4.64% in August but remained down 24.53% in 2026, while foreign investors recorded net purchases in both equities and government bonds. OJK is advancing capital market reforms through draft exchange demutualization rules and has asked the Indonesia Stock Exchange to prepare to lower the minimum share price in the regular and cash markets from IDR 50 to as low as IDR 1. It also reported the launch of the IDX Green Equity Designation for listed companies meeting criteria under Indonesia’s sustainable finance taxonomy, supported by disclosures and independent review. These measures extend OJK’s broader agenda to deepen capital markets, strengthen exchange governance and improve sustainable investment information. The regulatory pipeline includes integrated minimum capital and liquidity requirements for financial conglomerates required to establish holding companies. OJK is also preparing rules for the transition and operation of the strategic minerals and commodities exchange, having appointed a deputy commissioner and other officials for the new mandate. Separately, it issued technical reporting requirements for digital asset trading and incidental capital market events, as well as transition arrangements for securities companies and investment managers under their new business classifications.

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