Bank Indonesia Governor: Banking Credit Growth Reaches 9.37 Per Cent in February 2026

Jakarta — Bank Indonesia Governor Perry Warjiyo stated that banking credit growth reached 9.37 per cent year-on-year in February 2026.

“Banking credit growth continues to strengthen to support economic expansion. Banking credit in February 2026 grew by 9.37 per cent year-on-year, slightly lower than January 2026’s growth of 9.96 per cent year-on-year,” he said during a press conference on the results of Bank Indonesia’s Monetary Policy Committee meeting held online in Jakarta on Tuesday.

Based on credit categories, this growth was supported by investment credit, working capital credit, and consumer credit, which in February 2026 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 2026 credit growth to remain within the 8-12 per cent range, influenced by both demand and supply factors.

From the demand perspective, Warjiyo continued, utilisation of banking financing can be increased, particularly to optimise undisbursed loan facilities that remain substantial at Rp2.536.4 trillion, representing 22.86 per cent of available credit ceilings.

On the supply side, banks’ financing capacity remains adequate, supported by the liquid assets-to-third party funds ratio of 27.4 per cent and third party funds that grew strongly by 13.18 per cent year-on-year in February 2026.

Additionally, interest in banking credit distribution remains strong, reflected by lending requirements that remain loose, except in consumer credit and micro, small, and medium enterprise segments due to the continued elevated credit risk in these segments.

“To promote banking credit distribution, Bank Indonesia will continue to strengthen banks’ funding capacity, including developing non-traditional funding instruments. Coordination with the Government and the Financial System Stability Committee will also be strengthened to improve the interest rate structure and promote banking credit and financing growth,” Warjiyo said.