Competitive Interest Rates, Foreign Currency Deposits More In Demand by the Public

JAKARTA, KOMPAS.com – The Financial Services Authority (OJK) continues to monitor global economic developments, which remain shadowed by geopolitical turmoil and oil prices. This situation has triggered volatility in global financial markets. The strengthening of the United States dollar index has also increased fluctuations in the exchange rates of emerging markets. Nevertheless, Indonesia’s economic fundamentals are considered resilient, supported by contained inflation and a still-strong momentum of domestic economic growth. Monitoring also covers trends in the growth of third-party funds (DPK) by currency.

Bank DPK grew 11.39 percent year-on-year (YoY) in April 2026. The growth was dominated by rupiah-denominated DPK, which rose 11.49 percent YoY. Rupiah DPK was propelled by demand deposits (giro) up 23.25 percent YoY, savings 7.88 percent YoY, and deposits 6.91 percent YoY. Foreign currency DPK or valas grew 10.87 percent YoY. Breakdown: foreign currency giro up 3.15 percent YoY, foreign currency savings 23.21 percent YoY, and foreign currency deposits 22.00 percent YoY. The majority of the accounts are still denominated in rupiah.