Bank Credit Growth Reaches 11.51 Percent in May

Bank Indonesia (BI) recorded that bank credit grew 11.51 percent year-on-year in May 2026. This position is higher than the 9.98 percent year-on-year growth seen in April 2026. BI Governor Perry Warjiyo detailed that this development was supported by investment credit, which grew 21.95 percent year-on-year; working capital credit, which grew 8.09 percent year-on-year; and consumer credit, which grew 5.89 percent year-on-year. “Bank Indonesia forecasts that credit growth in 2026 will remain within the 8-12 percent range,” Perry said during a press conference following the monthly board of governors meeting on Thursday, 18 June 2026. Undisbursed loans were recorded at Rp 2,576 trillion, or 22.41 percent of the available credit limit. Meanwhile, the ratio of Liquid Assets to Third-Party Funds (AL/DPK) was recorded at 24.74 percent. Third-Party Funds (DPK) grew 13.47 percent year-on-year in May 2026. As of May 2026, bank lending rates were recorded at 8.72 percent, while the one-month deposit rate stood at 4.26 percent. BI itself decided to raise its benchmark interest rate, the BI-Rate, to 5.75 percent. Perry stated that banking resilience remains strong to mitigate risks from the war in the Middle East. “Bank Indonesia’s stress test results show that banking resilience remains strong in facing various risks, including the continued spillover effects of the Middle East war, supported by well-maintained corporate repayment capacity and profitability,” he said.