{
    "success": true,
    "data": {
        "id": 1690450,
        "msgid": "banks-urged-to-support-government-programmes-will-credit-space-for-smes-narrow-1776750699",
        "date": "2026-04-21 11:59:04",
        "title": "Banks Urged to Support Government Programmes, Will Credit Space for SMEs Narrow?",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Banking",
        "summary": "Indonesian banks are being encouraged to allocate financing to government priority programmes through their business plans, raising concerns that this could limit credit availability for small and medium-sized enterprises (SMEs). Economist Yusuf Rendy Manilet from the Center of Reform on Economics (CORE) Indonesia notes that banks must manage their risk portfolios, and with SMEs still recovering, any shift towards new segments may lead to more selective lending. Although participation is not mandatory and lacks specific targets, the regulatory push is seen as a subtle directive that could influence prudent banking practices without reverting to outdated quota systems.",
        "content": "<p>JAKARTA, KOMPAS.com - The banking sector is being urged to channel\nfinancing to government priority programmes through regulations related\nto banks\u2019 business plans (RBB). This is feared to impact overall credit\ndisbursement to SMEs.<\/p>\n<p>Economist and Researcher from the Center of Reform on Economics\n(CORE) Indonesia, Yusuf Rendy Manilet, stated that SMEs\u2019 concerns\nregarding access to financing from banks are reasonable.<\/p>\n<p>\u201cEvery bank has limits in bearing risk. If part of that capacity is\nused for priority programmes, the space for other credits can naturally\nnarrow,\u201d he told Kompas.com on Tuesday (21\/4\/2026).<\/p>\n<p>\u201cIt\u2019s not that banks don\u2019t want to, but they have to manage their\nrisk portfolios,\u201d he added.<\/p>\n<p>Moreover, Yusuf said that the condition of SMEs themselves is not yet\nfully recovered. So, if added to the burden on new segments, banks will\ncertainly be more selective.<\/p>\n<p>Credit disbursement to priority programmes is not mandatory<\/p>\n<p>Officially, Yusuf said, this programme is indeed not an obligation.\nThere are no targets that banks must meet.<\/p>\n<p>He views this as an encouragement for banks to include financing for\npriority programmes in their business plans.<\/p>\n<p>\u201cBut in practice, we understand that once something is included in\nregulations and must be reported, it no longer feels like a mere\nsuggestion,\u201d he explained.<\/p>\n<p>From a policy perspective, this encouragement is seen as an effort to\ndirect credit to certain sectors.<\/p>\n<p>\u201cIt\u2019s not the old model using quotas, but more subtle. The issue\nremains whether this will still uphold the principle of banking prudence\nor not,\u201d Yusuf stated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/banks-urged-to-support-government-programmes-will-credit-space-for-smes-narrow-1776750699",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}