LPS states that public savings are unaffected by global turbulence

Jakarta (ANTARA) - The Indonesia Deposit Insurance Corporation (LPS) has stated that public deposits in banks are unaffected by geopolitical conflicts, with deposits under Rp100 million still growing by 1.84% as of May 2026.

“There is no impact from global turbulence on the pattern or behaviour of our deposits,” said LPS Head Anggito Abimanyu during a press conference of the Financial System Stability Committee (KSSK) in Jakarta on Thursday.

Anggito explained that public deposits in banks for the category under Rp100 million grew by 1.84% as of May 2026.

Furthermore, public deposits in banks for the category over Rp5 billion jumped by 21.6% as of March 2026.

“This is due to the influence of government SAL (Excess Budget Balance) fund placements in Himbara banks (Mandiri, BRI, BNI, BTN, BSI),” said Anggito.

If excluding government funds, he continued, public deposits in banks for the category over Rp5 billion still grew around 9.6%.

Therefore, Anggito stated that the deposits are naturally growing.

Regarding the portion of deposit amounts, Anggito explained that the portion of bank deposits with balances under Rp100 million is 11.26% of total deposits, while the portion of bank deposits with balances over Rp5 billion reaches 57.88% of total deposits.

“In aggregate, the growth of third-party funds (DPK) as of March is 13.57%. So, the answer is there is no impact (from global turbulence),” said Anggito.

On that occasion, LPS along with other KSSK member institutions will intensify cooperation programmes to enhance financial literacy and inclusion, particularly in the banking and insurance sectors, with emphasis on strengthening customer protection and increasing public trust.

In line with that, LPS together with OJK and BPS has expanded the scale and scope of the National Survey on Financial Literacy and Inclusion (SNLIK) since this year, so it is hoped that comprehensive mapping results can be obtained as a basis for developing inclusion and education programmes across groups and regions.

Currently, there are still 15 million Indonesians of working age who do not have bank accounts. LPS together with KSSK will continue to encourage the public to have access to accounts in order to improve financial inclusion and to more efficiently and effectively utilise the government’s Asta Cita priority programmes.