South Sulawesi Banking Assets Surpass Rp215 Trillion, OJK Reports Positive Performance

The banking sector in South Sulawesi has demonstrated robust growth, with total assets reaching Rp215.79 trillion as of May 2026, according to the Financial Services Authority (OJK) for South and West Sulawesi. This achievement underscores the region's financial services sector maintaining a positive trajectory despite economic challenges.

Moch Muchlasin, Head of OJK Sulselbar, highlighted that this asset growth signifies the stability of the regional banking industry. The resilience is attributed to fundamental factors, including a rise in third-party funds (DPK), increased credit distribution, and well-managed liquidity and risk profiles. The OJK views the intermediation function of banks as performing well, with credit, particularly to productive sectors, showing positive growth.

Efforts to support Micro, Small, and Medium Enterprises (MSMEs) are also being aggressively pursued, aiming to strengthen the economic foundation of the community. The Islamic banking sector has seen consistent development, with increasing assets, public funds, and financing, indicating growing public trust. Non-bank financial institutions, including financing companies, capital markets, pawnshops, and digital financial services, also reported good performance with controlled risks.

The OJK remains committed to collaborating with regional governments and financial industry stakeholders to maintain financial stability and enhance financial literacy and inclusion. With banking assets surpassing Rp215.79 trillion, the OJK is optimistic about the financial services sector's continued role as a key pillar supporting sustainable economic growth in South Sulawesi.