TLDR
- Indonesian bank loans rose 13.65% in August 2026 to Rp9,178 trillion, or about $577.23 billion.
- Long-term investment loans grew fastest, up 25.11% from a year earlier.
- OJK ordered banks to freeze around 38,796 accounts linked to suspected illegal online gambling.
- The net interest margin fell to 4.31% from 4.58% due to higher funding costs.
- The gross non-performing loan ratio stood at 2.11%, with the net ratio at 0.84%.
Indonesia’s commercial banks reported loan growth of 13.65% in August 2026. Total outstanding loans reached Rp9,178 trillion, or about $577.23 billion.
The Financial Services Authority, known as OJK, released the figures. The regulator also ordered banks to freeze thousands of accounts linked to suspected illegal online gambling.
OJK Chief Executive of Banking Supervision Dian Ediana Rae shared the data on October 5. He spoke at the regulator’s monthly Board of Commissioners press conference.
Investment Loans Lead Credit Growth
Long-term investment loans rose 25.11% from a year earlier. This made them the fastest-growing type of lending in August.
Working capital loans increased 11.45%. Consumer credit grew 5.07%.
State-owned banks led the increase, with loans up 16.41% year-over-year. Among borrowers, the corporate sector grew fastest, with its loan portfolio rising 22.18%.
Lending to micro, small, and medium enterprises grew more slowly. That category rose 2.38%.
Bank-issued buy now, pay later (BNPL) receivables climbed 29.10% year-over-year to Rp31.41 trillion, or $1.98 billion. The figure covered 34 million registered user accounts.
OJK Targets Gambling Accounts
OJK told banks to apply enhanced due diligence and freeze around 38,796 accounts. The list grew from 38,379 accounts identified in earlier reporting periods.
The new information came from the Ministry of Communication and Digital Affairs, also called Komdigi. Banks must cross-check the National Identity Numbers, or NIK, of account holders.
Banks were also told to close other accounts tied to the same people if links are found. Dian said banks must trace beneficial ownership networks so gambling operations cannot use secondary accounts to avoid controls.
OJK said it is working with other authorities as it reviews information on these accounts. The effort is part of its steps to prevent money laundering.
Third-party deposits rose 10.94% year-on-year to Rp10,413 trillion, or $654.91 billion. Time deposits led the gain, up 13.10%.
Liquid assets relative to non-core deposits stood at 102.31%. The liquid assets-to-deposits ratio was 23.04%, above statutory minimum requirements.
The net interest margin fell to 4.31% in August from 4.58% a year earlier. Dian said this reflected higher funding costs and the delayed effect of the central bank’s 5.75% benchmark policy rate.
He said banks did not pass all of the higher rate costs on to consumers and companies. Instead, they shared part of the financing burden.
Asset quality held steady. The gross non-performing loan ratio was 2.11%, and the net ratio was 0.84%.
Loans at risk stood at 8.56%, and return on assets was 2.43%. The figures show the banking industry entering the fourth quarter with steady loan growth, liquidity, and profitability.
