The government records that the performance of national banking\nintermediation remains strong up to 31 March 2026. Banking credit grew\n10.42% annually (year-on-year\/yoy). The increase in credit debit\nbalances and the number of credit recipients is seen to reflect the\nongoing intermediation function amid economic dynamics.<\/p>\n
\u201cThe government continues to strengthen the role of the financial\nsector in supporting inclusive and sustainable national economic\ngrowth,\u201d said Spokesperson for the Coordinating Ministry for Economic\nAffairs Haryo Limanseto in an official statement on Monday, 20 April\n2026.<\/p>\n
From a structural perspective, Haryo stated, credit growth is\nsupported by the corporate, commercial, and consumer segments. Corporate\ncredit grew 14.29%, consumer credit 13.97%, and commercial credit\n11.11%. On the other hand, micro, small, and medium enterprise (MSME)\ncredit still experienced a limited contraction of 3.57%.<\/p>\n
He mentioned that the sustainability of MSME financing is maintained\nthrough the strengthening of Kredit Usaha Rakyat (KUR). As of the first\nquarter of 2026, KUR debit balances were recorded at Rp522 trillion with\na growth of 0.21% (yoy).<\/p>\n
In addition to KUR, the implementation of Kredit Program Perumahan\n(KPP) since October 2025 recorded debit balances of Rp15.76 trillion as\nof 31 March 2026. Overall, government programme credits, which include\nKUR, KPP, Kredit Usaha Alsintan, and Kredit Industri Padat Karya, grew\n3.23% (yoy).<\/p>\n
From a risk perspective, the non-performing loan (NPL) ratio for\nMSMEs reached 4.55% in March 2026. Meanwhile, the NPL for KUR was\nrecorded at 2.16% in January 2026. The government assesses that the\nguarantee scheme plays a role in maintaining the quality of KUR\nfinancing. Guarantee coverage on the KUR portfolio reaches 70%.\nGuarantee indicators show a claims ratio of 62.8%, non-performing\nguarantee (NPG) of 2.8%, and recovery rate of 27.8%.<\/p>\n
He stated that the government is also implementing post-disaster KUR\npolicies through Ministerial Regulation of the Coordinating Ministry for\nEconomic Affairs Number 2 of 2026. This policy applies to debtors\naffected by disasters in Aceh, North Sumatra, and West Sumatra.<\/p>\n
The scheme includes tenor extensions, grace periods, and additional\ninterest subsidies, making the effective interest rate zero percent in\n2026 and three percent in 2027. The government has also relaxed\ndisbursement requirements for new debtors in the affected areas.<\/p>\n
As of the first quarter of 2026, KUR disbursements in those three\nprovinces reached Rp6.04 trillion to more than 93,000 debtors. This\nfigure is said to be relatively stable compared to the same period\nbefore the disaster. Moving forward, the government is directing KUR to\nsupport productive and labour-intensive sectors, including the Makan\nBergizi Gratis (MBG) programme and the 3 Million Houses programme, as\nwell as the creation of new entrepreneurs and jobs. The government\nstates that this strengthening of financing runs in parallel with fiscal\npolicies to maintain purchasing power and encourage domestic\nconsumption.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/banking-credit-rises-kur-for-mbg-and-3-million-houses-1776693056", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }