Indonesia's Online Lending Debt Reaches Rp100.69 Trillion

Indonesia’s Online Lending Debt Reaches Rp100.69 Trillion

Reporter

April 7, 2026 | 07:18 am

TEMPO.CO, Jakarta - Indonesia’s Financial Services Authority (OJK) recorded that outstanding financing, or public debt, on online lending platforms reached Rp100.69 trillion in February 2026.

“In the online lending industry, outstanding financing in February 2026 grew 25.75 percent year-on-year to Rp100.69 trillion,” said Agusman, Chief Executive for Supervision of Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Services Institutions, at the OJK’s online press conference on Monday, April 6, 2026. This figure represents an increase compared to January 2026, which grew by 25.52 percent.

The aggregate non-performing loan risk rate (TWP90) was recorded at 4.54 percent in February 2026, an increase compared to January 2026, which was 4.38 percent.

Agusman explained that financing receivables at finance companies grew by 1.02 percent year-on-year to Rp512.14 trillion in February 2026. The gross Non-Performing Financing (NPF) ratio was recorded at 2.78 percent, an increase compared to January’s 2.72 percent. Meanwhile, the net NPF ratio was recorded at 0.81 percent, a slight decrease compared to January’s 0.82 percent.

Meanwhile, Buy Now Pay Later (BNPL) financing by finance companies grew 53.53 percent year-on-year to Rp12.59 trillion. This slowed down from January’s 71.13 percent year-on-year growth. The gross NPF ratio for BNPL was recorded at 2.79 percent, an increase compared to January’s 2.77 percent.

Read: Why OJK Struggles to Stop Illegal Online Lending

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