{
    "success": true,
    "data": {
        "id": 1790093,
        "msgid": "ojk-places-8-fintech-lenders-under-special-supervision-focusing-on-capital-and-bad-debt-1780884947",
        "date": "2026-06-08 08:29:55",
        "title": "OJK Places 8 Fintech Lenders Under Special Supervision, Focusing on Capital and Bad Debt",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian Financial Services Authority (OJK) has placed eight online lending platforms under special supervision due to capital shortages and high non-performing loan rates. The regulator is demanding improvements in minimum equity requirements and financing quality to prevent potential licence revocations.",
        "content": "<p>The Financial Services Authority (O_JK) has revealed that eight\nonline lending (fintech lending) providers are currently under special\nsupervision. The majority of these cases are driven by issues regarding\ncapital adequacy and high levels of non-performing loans, specifically\nthe TWP90 metric.<\/p>\n<p>Agusman, the Executive Head of Supervision for Financing\nInstitutions, Venture Capital Companies, Microfinance Institutions, and\nOther Financial Service Institutions at OJK, stated that every provider\nunder special supervision is first required to implement remedial\nmeasures in accordance with applicable regulations. These steps include\nmeeting minimum capital obligations and improving financing quality\nbefore the OJK takes further action, which could include the potential\nrevocation of business licences.<\/p>\n<p>\u201cEvery provider under special supervision will be directed to\nundertake corrective measures according to the prevailing regulations,\u201d\nAgusman said in a written response in Jakarta on Monday (8\/6\/2026).<\/p>\n<p>At an industry level, OJK noted that 14 out of 94 online lending\nproviders have yet to meet the minimum equity requirement of Rp 12.5\nbillion. According to Agusman, a company\u2019s ability to meet minimum\ncapital requirements is influenced by various factors, including\nbusiness performance, business prospects, capital injection strategies,\nthe entry of new investors, and corporate actions such as mergers.<\/p>\n<p>He added that good corporate governance and a healthy business model\nare crucial factors in attracting investor interest to strengthen\ncapital. Consequently, the OJK is encouraging all online lending\nproviders to continuously strengthen governance, risk management, and\nregulatory compliance to enhance investor confidence and bolster\nconsumer protection.<\/p>\n<p>Regarding financing quality, OJK noted that 19 online lending\nproviders had a non-performing loan rate (TWP90) exceeding 5 per cent as\nof April 2026. Agusman explained that the fluctuations in the number of\nproviders with high TWP90 rates are influenced by financing quality and\nthe repayment capacity of borrowers.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-places-8-fintech-lenders-under-special-supervision-focusing-on-capital-and-bad-debt-1780884947",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}