BI: Macroprudential Liquidity Incentive for First Week of March 2026 Reaches Rp427.1 Trillion

Jakarta — Bank Indonesia Governor Perry Warjiyo announced that macroprudential liquidity incentives (KLM) received by banks in the first week of March 2026 reached Rp427.1 trillion, with allocation to the lending channel amounting to Rp357.6 trillion and to the interest rate channel amounting to Rp69.5 trillion.

“The KLM incentives received by banks in the first week of March 2026 amounted to Rp427.1 trillion, with allocation to the lending channel of Rp357.6 trillion and to the interest rate channel of Rp69.5 trillion,” he said during a press conference on the results of Bank Indonesia’s Board of Governors meeting held online in Jakarta on Tuesday.

Based on bank categories, KLM was distributed respectively to state-owned enterprise banks (BUMN) amounting to Rp225.6 trillion, private national banks (BUSN) amounting to Rp165.8 trillion, regional development banks (BPD) amounting to Rp28 trillion, and foreign bank branches (KCBA) amounting to Rp7.7 trillion.

Sectoral distribution of KLM has been directed towards priority sectors, including agriculture, industry and downstream processing, service sectors including the creative economy, construction, real estate and housing, and micro, small and medium-sized enterprises (MSMEs), cooperatives, inclusion, and sustainability sectors.

Warjiyo emphasised that KLM incentives continue to be optimised to encourage increased banking credit and financing to priority sectors in order to support economic growth.

“The implementation of strengthened KLM since 16 December 2025 is aimed at providing higher incentives for banks that encourage the distribution of banking credit and financing to certain sectors designated by Bank Indonesia (lending channel), as well as banks that are more responsive in reducing new credit interest rates in line with Bank Indonesia’s policy interest rate reduction direction (interest rate channel),” said the BI Governor.