Indonesian Political, Business & Finance News

LPS Pays Claims for BPR Customer Deposits Totalling Rp304.8 Billion

| Source: ANTARA_ID Translated from Indonesian | Banking
LPS Pays Claims for BPR Customer Deposits Totalling Rp304.8 Billion
Image: ANTARA_ID

Jakarta (ANTARA) - The Indonesia Deposit Insurance Corporation (LPS) has handled the payment of deposit claims totalling Rp304.8 billion from a total payable deposits amount of Rp1.53 trillion for three rural banks (BPRs) that have been liquidated or resolved so far this calendar year (year to date/ytd). LPS Commissioner Chairman Anggito Abimanyu assessed that the number of closures of rural economy banks (BPRs) and sharia rural economy banks (BPRSs) up to now remains relatively low and does not show any significant increase when compared to 2024 and 2025. “If we compare with 2024 and 2025, there is indeed no addition or annually there is no addition of BPR-BPRSs that are liquidated. So the pattern is still the normal pattern for 2026,” said Anggito during the Financial System Stability Committee (KSSK) press conference in Jakarta on Thursday. Up to now, a total of seven BPRs have had their business licences revoked by the Financial Services Authority (OJK), with the most recent revocation against BPR Sungai Rumbai in West Sumatra on 7 April 2026. Anggito emphasised that LPS continues to strive to maintain public trust and financial system stability through the optimal implementation of the deposit guarantee programme and bank resolution. From the guarantee side, the coverage of guaranteed account numbers remains consistent above 90 percent for commercial banks as well as BPRs/BPRSs. Previously, the OJK Banking Supervisory Executive Head Dian Ediana Rae stated that the authority still sees the trend of declining BPR numbers continuing in 2026. Besides due to business licence revocations, both self-liquidation and due to entering the status of banks in resolution (BDR), this decline in the number of BPRs is also in line with the implementation of BPR consolidation that is under the same ownership through business mergers/amalgamations. As of 11 March 2026, 142 BPRs and BPRSs have effectively carried out consolidation into 50 BPR-BPRSs. Meanwhile, 22 BPR-BPRSs that will become 6 BPR-BPRSs are still in process at the Ministry of Law and 242 other BPR-BPRSs are in process at the OJK.

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