The Financial Services Authority (OJK) has revealed that the\noutstanding value of online loans, previously known as \u2018pinjol\u2019, in\nIndonesia has surpassed the Rp102.07 trillion mark as of April 2026.\nThis surge indicates that the digital financing industry continues to\nrecord strong growth despite various efforts by regulators to strengthen\ngovernance and supervision.<\/p>\n
According to OJK data, the outstanding financing in the online\nlending industry grew by 26.11 per cent year-on-year (yoy). Although\nthis is a slight slowdown compared to the previous month\u2019s growth of\n26.25 per cent, the figure demonstrates high public demand for\ntechnology-based financing services.<\/p>\n
Agusman, the Executive Head of Supervision for Financing\nInstitutions, Venture Capital Companies, Microfinance Institutions, and\nOther Financial Service Institutions at OJK, stated that the digital\nfinancing sector remains on a positive growth trend.<\/p>\n
OJK data shows that the total outstanding online loan financing\nreached Rp102.07 trillion in April 2026. This figure serves as an\nindicator that digital financing services remain a preferred choice for\nthe public to meet funding needs, for both consumption and productive\nactivities. The growth of over 26 per cent annually also suggests that\nthe fintech lending industry still possesses significant room for\nexpansion in Indonesia. Nevertheless, OJK remains focused on financing\nquality to ensure that this growth remains healthy and sustainable.<\/p>\n
Amidst high financing growth, OJK assesses that the risk profile of\nthe online lending industry remains relatively controlled. This is\nreflected in the non-performing loan rate, specifically defaults or late\npayments exceeding 90 days (TWP90), which was recorded at an aggregate\nof 4.62 per cent in April 2026. While this is a slight increase from the\nMarch 2026 level of 4.52 per cent, OJK considers the bad credit risk\nlevel to be within manageable limits for the industry. Supervision of\nloan quality and risk management continues to be a priority for the\nregulator to maintain the stability of the digital financial sector.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ojk-reveals-indonesian-online-loan-debt-reaches-rp102-trillion-growing-26-per-cent-in-a-year-1780832989", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }