Indonesian Banking Credit Grows 9.98% in April 2026

Indonesian banking credit continued its positive trajectory in April 2026, expanding by 9.98% year-on-year to reach Rp 8,755 trillion, according to the Financial Services Authority (OJK). This growth marks an improvement from the 9.49% increase recorded in March 2026.

The OJK highlighted that investment credit experienced the most significant expansion, surging by 19.48% year-on-year. Corporate credit also showed robust growth at 15.51%. Notably, credit for Micro, Small, and Medium Enterprises (MSMEs) demonstrated a recovery, growing by 0.16% year-on-year, a modest increase from the 0.12% growth in the previous month.

Bank BUMN (state-owned banks) led the ownership category with the highest credit growth of 14.35%. Meanwhile, third-party funds (DPK) grew by 11.39% to Rp 10,077 trillion, though this was a slowdown from the 13.55% growth in March. Deposits, current accounts, and savings accounts all saw positive growth.

Despite the slight increase in gross non-performing loans (NPLs) to 2.17% from 2.14%, the OJK emphasized that the banking sector's overall quality remains stable. Liquidity is deemed adequate, with key ratios like ALNCD and ALDPK above their thresholds. The sector's profitability, measured by Return on Assets (ROA), stood at 2.49%, and its capital adequacy, reflected in the Capital Adequacy Ratio (CAR) of 23.97%, remains strong, providing a sufficient buffer against risks.