LPS Prepares Deposit Payment for BPR Koperindo Customers in Jakarta

Jakarta – The Indonesian Deposit Insurance Corporation (LPS) is preparing the claims payment process for deposit guarantee coverage and the liquidation of Bank Perekonomian Rakyat (BPR) Koperindo, located in Petojo Utara, Central Jakarta.

BPR Koperindo’s operating licence was revoked by the Financial Services Authority (OJK) effective from 9 March 2026.

Jimmy Ardianto, Acting Director of the LPS Secretariat Group, stated in Jakarta on Monday that BPR Koperindo customers should remain calm and not be provoked into actions that could obstruct the claims payment and bank liquidation process. He urged customers not to trust third parties claiming they could facilitate claims payment in exchange for fees charged to depositors.

LPS will conduct reconciliation and verification of deposit data and other information to determine which deposits will be paid. This process will be completed within a maximum of 90 working days, or until 29 July 2026. Customer funds will be disbursed in tranches during this period. The payment of deposit guarantee claims for BPR Koperindo customers will be financed from LPS funds.

Customers can check their deposit status at BPR Koperindo’s office or through the LPS website at www.lps.go.id after LPS announces the deposit guarantee claims payment for the bank’s customers.

It is important for customers to note that many other community banks (BPR/BPRS) and commercial banks continue to operate, so customers should not hesitate to continue depositing funds with banks, as all deposits held at operating banks in Indonesia are guaranteed by LPS.

To ensure that customer deposits are protected by LPS guarantee, customers are advised to meet the LPS “3T” requirements. These three conditions are: recorded in the bank’s accounting books; the interest rate received by the customer does not exceed the LPS guarantee interest rate; and the customer has not committed any criminal act that harms the bank, according to Jimmy.