Bank Indonesia Survey: New Loan Disbursements Increased in Q2

Bank Indonesia's latest survey indicates a significant rise in new loan disbursements during the second quarter of 2026. The Weighted Net Balance (SBT) for new loans reached 93.08 percent, a substantial increase from the 38.74 percent recorded in the previous quarter. This growth was observed across all loan types, including working capital, investment, and consumer loans.

The expansion in consumer credit was particularly driven by increased demand for housing loans (KPR/KPA), which saw an SBT of 78.20 percent. Demand for vehicle loans and multi-purpose loans also contributed to the growth. However, demand for credit cards experienced a slowdown compared to the first quarter.

Looking ahead to the third quarter of 2026, Bank Indonesia projects that the growth in new loan disbursements will moderate slightly, with an expected SBT of 84.65 percent. Working capital loans are anticipated to remain the primary focus for banks, followed by investment and consumer loans.

Despite the overall positive trend, banks demonstrated increased caution in their lending practices during Q2 2026 compared to Q1. This is reflected in a positive Lending Standard Index (ILS) of 1.03, suggesting tighter credit standards, particularly concerning interest rates, loan ceilings, and approval fees for housing and other consumer loans. However, lending standards are expected to loosen in Q3 2026, with a projected negative ILS of -2.25.

“

New loan growth occurred across all types of use, reflected in the increase in the weighted net balance for working capital loans, investment loans, and consumer loans.