LPS Chief Warns of 'Normal but Vigilant' Stance, Indonesia's Rating in the Spotlight

Jakarta, CNBC Indonesia — The Deposit Insurance Corporation (LPS) continues to monitor developments in financial market volatility due to global geopolitics.

LPS Commissioner Chairman Anggito Abimanyu stated that although the assessment from the Financial System Stability Committee (KSSK) team considers Indonesia’s current economic and financial conditions normal, vigilance is still required.

“Nevertheless, looking forward or ahead, we must remain vigilant. So, normal and vigilant. That is the terminology in the financial sector that every three months in our meetings, we convey to the public that the conditions up to today are normal, but for the future, be vigilant,” he said at the Economic Briefing 2026 event at Patra Jasa Office Tower on Thursday (23/4/2026).

Anggito admitted that vigilance must be maintained given that several rating agencies are also monitoring Indonesia’s economic developments.

“Because we will face various important events, both rankings from institutions, reviews from rating institutions that have been conducted by Moody’s and Fitch, and ahead by S&P and several other rating agencies,” he mentioned.

Nevertheless, state institutions need to communicate actively in conveying the latest economic conditions to maintain Indonesia’s investment rating so that investment fund inflows can occur.

“We must convey good communication to the rating agencies so that our rating as investment grade or as an institution or country with an investment rating can be maintained,” he said.

However, Anggito continued that conditions of uncertainty still loom. This is in line with fluctuating geopolitical tensions.

“We must continue to be prepared, both on the fiscal, monetary, and financial sectors. Up to today, we can confirm that the conditions are still normal,” he added.