Bank Credit Growth Reaches 9.37 Per Cent in February

Bank Indonesia (BI) recorded banking credit growth of 9.37 per cent year-on-year in February 2026, a decline from January 2026’s 9.96 per cent year-on-year growth.

Bank Indonesia Governor Perry Warjiyo detailed that credit growth was supported by investment credit, working capital credit, and consumer credit, which grew by 20.72 per cent year-on-year, 3.88 per cent year-on-year, and 6.34 per cent year-on-year respectively. “Bank Indonesia projects that 2026 credit growth will remain within the 8–12 per cent range, influenced by both demand and supply-side factors,” Perry said during a press conference on Tuesday, 17 March 2026.

From the demand perspective, Perry noted that the utilisation of banking financing could be improved. Undisbursed loans reached IDR 2,536.4 trillion, representing 22.86 per cent of available credit ceilings. From the supply side, the Liquid Assets to Third-Party Funds ratio (AL/DPK) stood at 27.40 per cent, whilst third-party funds grew by 13.18 per cent year-on-year.

According to Perry, banking sector resilience remains strong and is expected to mitigate risks from the Middle East conflict. “Bank Indonesia’s stress test results demonstrate that the banking sector remains resilient in facing various risks, including spillover effects from global turmoil stemming from the Middle East conflict, supported by robust payment capacity and corporate profitability,” he stated.

The banking sector’s Capital Adequacy Ratio (CAR) was recorded at 25.87 per cent in January 2026. The banking sector’s Non-Performing Loan (NPL) ratio stood at 2.14 per cent (gross) and 0.82 per cent (net) in January 2026.