Indonesia’s commercial bank lending grew 13.65% year-on-year in August 2026, reaching Rp9,178 trillion ($577.23 billion), while the Financial Services Authority (OJK) expanded measures targeting bank accounts suspected of involvement in illegal online gambling.
OJK Chief Executive of Banking Supervision Dian Ediana Rae presented the figures during the regulator’s Board of Commissioners press conference on October 5. The data showed continued credit expansion alongside stable liquidity and asset quality.
Investment Loans Lead Growth
Investment loans recorded the strongest growth, increasing 25.11% year-on-year in August. Working capital loans rose 11.45%, while consumer credit increased 5.07%.
State-owned banks recorded 16.41% loan growth, while corporate lending increased 22.18%, making companies the fastest-growing borrower segment.
Lending to micro, small and medium enterprises grew more slowly at 2.38%. Digital consumer financing also expanded, with bank-issued buy now, pay later (BNPL) receivables rising 29.10% to Rp31.41 trillion ($1.98 billion).
OJK Freezes Gambling-Linked Accounts
OJK has instructed commercial banks to strengthen checks on accounts suspected of supporting illegal online gambling.
Banks have been directed to apply enhanced due diligence and freeze around 38,796 accounts identified through information supplied by the Ministry of Communication and Digital Affairs (Komdigi).
Banks must cross-check account holders’ National Identity Numbers (NIK) and identify other accounts connected to the same individuals. OJK also requires banks to examine beneficial ownership relationships to prevent suspected gambling operations from using secondary accounts.
Banking Indicators Remain Stable
Third-party deposits rose 10.94% year-on-year to Rp10,413 trillion ($654.91 billion), while time deposits increased 13.10%.
The liquid assets-to-non-core deposits ratio stood at 102.31%, while liquid assets relative to deposits reached 23.04%.
Net interest margin declined to 4.31% from 4.58% a year earlier, reflecting higher funding costs and the delayed impact of the central bank’s 5.75% benchmark rate.
Asset quality remained stable, with gross non-performing loans at 2.11% and net NPLs at 0.84%. Loans at risk stood at 8.56%, while return on assets reached 2.43%.
The figures show continued credit expansion as Indonesian banks enter the final quarter of 2026, while regulators maintain tighter controls over accounts linked to suspected illegal gambling.
