BI: Credit Growth of 9.69 Per Cent Supports Economic Growth
Bank Indonesia (BI) has stated that Indonesia’s financial system remains strong and stable amid elevated global uncertainty and increasingly complex fragmentation of the global economy.
Senior Deputy Governor of Bank Indonesia Destry Damayanti said that the resilience of banking and the financial industry is maintained. “Liquidity is adequate and credit distribution channels are open to drive higher economic growth,” she said in a written statement on Saturday, 28 February 2026.
She disclosed that banking credit growth reached 9.69 per cent year-on-year in December 2025, which supported Indonesia’s economic growth of 5.11 per cent (year-on-year) throughout 2025. Credit distribution flowed primarily to priority sectors identified by the government.
According to Destry, opportunities for Indonesia’s economy to grow higher remain very open. This is supported by the availability of adequate banking liquidity.
In January 2026, undisbursed loans from banking institutions were recorded at Rp 2,506.47 trillion, or 22.65 per cent of available credit ceilings, and can continue to be optimised as a driver of higher growth.
Bank Indonesia also urged banks to continue adjusting special rates to encourage faster declines in lending rates, so that intermediation becomes stronger. Going forward, intermediation in 2026 is projected to remain solid in the range of 8–12 per cent year-on-year, in line with credit growth in January 2026 which reached 9.96 per cent year-on-year.
Destry also emphasised the importance of synergy among authorities in strengthening the contribution of the national financial system to economic growth. Bank Indonesia has also strengthened its Macroprudential Liquidity Incentive Policy (KLM), which is performance-based and forward-looking.
The objective is to ensure adequate liquidity and accelerate credit distribution to government priority sectors. As of the first week of February 2026, banking institutions had obtained incentives totalling Rp 427.5 trillion.