Anggito Abimanyu, Chairman of the Board of Commissioners of the\nDeposit Insurance Corporation (LPS), has spoken out on the number of\nrural banks (BPR) whose business licences have been revoked, the\ndownward trend in small savings, and how LPS data compares with the\nMandiri Saving Index.<\/p>\n
At a press conference of the Financial System Stability Committee\n(KSSK) at the LPS office on Monday (3\/8\/2026), Anggito revealed that as\nof June 2026, 18 BPR-BPRS were in the process of liquidation. Of that\nnumber, 8 BPRs had their business licences revoked during the first half\nof 2026. He added that by the end of July 2026, the number of BPRs whose\nlicences had been revoked had risen to 10.<\/p>\n
On the claims payment process, Anggito said LPS performance has\nbecome faster, with 70% of total customer accounts already paid out\nwithin 5 days of licence revocation.<\/p>\n
Regarding the declining trend in average savings in the segment below\nRp100 million since 2018, and whether this indicates the phenomenon of\npeople \u2018eating into their savings\u2019, Anggito stressed that his answer was\nbased on data collected with the OJK, Bank Indonesia and the Ministry of\nFinance from 696 million accounts.<\/p>\n
He said LPS monitors data on an aggregate basis, not retrospectively\nto 2018, but based on annual growth. According to him, deposits below\nRp100 million grew 5.16% year on year, while deposits below Rp5 million\ngrew 7.36%. He stressed that all deposit segments increased, including\ndeposits above Rp5 billion, which are the main driver of third-party\nfunds (DPK) with annual growth of 15.44%.<\/p>\n
On the question of the Mandiri Saving Index contracting 5.7%\nalongside a 24% rise in the lending index, Anggito explained that the\nMandiri Index uses a calculation base dating from January 2022, so its\nmethodology differs from the savings growth data presented by LPS.<\/p>\n
He stressed that LPS data, covering all accounts, shows savings\ngrowing on an aggregate basis across all layers year on year. Anggito\nacknowledged that individually, some customers are using up their\nsavings whilst others are adding to their surplus, but in aggregate, all\nsegments \u2014 from deposits below Rp5 million, Rp10 million, Rp100 million\nand Rp200 million, to above Rp5 billion \u2014 continue to show growth. He\nadded that LPS has not conducted any study on the consumption impact of\nthis phenomenon, as LPS monitoring focuses solely on the development of\nsavings.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/lps-chief-speaks-out-on-bpr-licence-revocations-and-the-eating-into-savings-phenomenon-1785757955", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }