{
    "success": true,
    "data": {
        "id": 2007028,
        "msgid": "destry-reveals-banks-beginning-to-comply-with-new-bi-liquidity-incentive-rules-1790603626",
        "date": "2026-09-28 20:20:00",
        "title": "Destry Reveals Banks Beginning to Comply with New BI Liquidity Incentive Rules",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Banking",
        "summary": "Bank Indonesia Governor Destry Damayanti has noted that several banks are already implementing the new Macroprudential Liquidity Policy (KLM) ahead of its formal implementation. The new scheme aims to incentivise banks to shift funds from securities into productive credit to stimulate the national economy.",
        "content": "<p>Jakarta, CNBC Indonesia - Bank Indonesia (BI) Governor Destry\nDamayanti has revealed that many banks have already begun implementing\nthe new Macroprudential Liquidity Policy (KLM) scheme, which is set to\ntake effect on 1 September 2026.<\/p>\n<p>As previously noted, BI has increased the maximum limit for the\nMacroprudential Liquidity Incentive Policy (KLM) to 6% of Third-Party\nFunds (DPK) starting from 1 September 2026. Under this new KLM\nregulation, BI will be more selective in distributing liquidity\nincentives to banks, taking into account the liquidity conditions and\nportfolio composition of each individual institution.<\/p>\n<p>\u201cSome banks have already [started]. There are several banks where the\neffective date is actually only in September, but for some banks, it is\nalready becoming visible (the implementation),\u201d said Destry when met at\nthe Parliament Building, Jakarta, on Monday (2_September_2026).<\/p>\n<p>Destry added that the new scheme aims to encourage banks to redirect\ntheir funds from securities holdings into credit to drive economic\ngrowth. \u201cWe can still see that many banks place most of their funds in\nsecurities, such as SRBI and SBN, while their credit distribution\nremains low. Naturally, we want to push them towards lending,\u201d she\nexplained.<\/p>\n<p>Some time ago, Destry stated that the central bank would not hesitate\nto impose disincentives on banks that continue to hold excessive funds\nin securities, specifically exceeding 19% of Third-Party Funds (DPK).\n\u201cWe will not provide Statutory Reserve Requirement (GWM) incentives to\nsuch banks,\u201d she said.<\/p>\n<p>\u201cMeanwhile, for other banks whose holdings of SBN and SRBI are\nrelatively below 19% of their total DPK, we will provide incentives,\nnamely a reduction in the GWM, which will result in increased liquidity\nfor them as they also distribute credit,\u201d Destry continued.<\/p>\n<p>KLM is an incentive provided by BI to encourage the banking sector to\nextend credit to priority and productive sectors. In the latest scheme,\nBI wants to ensure that these incentives are truly used to strengthen\nthe banking intermediation function, rather than to increase holdings of\nsecurities (SSB).<\/p>\n<p>Under the new policy, BI will provide an additional liquidity\nincentive of 2% linked to money market deepening (PPU). Meanwhile,\nincentives for financing or credit to productive sectors will remain\navailable up to 4%.<\/p>\n<p>Consequently, the composition of the KLM, which has previously\nreached approximately 5.5%, will be adjusted to 4% for productive sector\nfinancing and 2% for money market deepening.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/destry-reveals-banks-beginning-to-comply-with-new-bi-liquidity-incentive-rules-1790603626",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}