OJK Sees No Potential for Bank Rush Amidst Weakening Rupiah

Indonesia's Financial Services Authority (OJK) has assessed that there is currently no risk of a bank run, even as the rupiah experiences a weakening trend. Dian Ediana Rae, the OJK's Head of Banking Supervision, attributed this confidence to the stable political, security, and economic climate in Indonesia. "We see no potential for a bank run because Indonesia's political, security, and economic situation remains conducive," Rae stated during a press conference on Friday, June 5, 2026.

Rae emphasized the importance of banks maintaining public trust through solid performance, prudent management, and effective risk management across all business lines. The OJK acknowledged that a weaker rupiah could lead to higher prices for imported goods, reduce public purchasing power, and increase government subsidy burdens. However, Rae also pointed out potential positive effects, such as increased competitiveness for exporters and a boost to Indonesia's attractiveness as a tourist destination.

Supporting the assessment of stability, the OJK reported that the banking sector's capital adequacy ratio (CAR) stood at a healthy 23.97% as of April 2026, with gross non-performing loans (NPL) at 2.17%. Friderica Widyasari Dewi, Chairwoman of the OJK's Board of Commissioners, added that the authority remains vigilant about risks stemming from rupiah fluctuations. The OJK plans to intensify its monitoring of foreign currency positions in banks, including daily net foreign exchange positions and liquidity adequacy, to ensure robust market and liquidity risk management.