LPS to Prepare System to Monitor Over 1,500 Banks

Monitor Over 1,500 Banks, LPS Prepares This System

Jakarta, CNBC Indonesia - The Deposit Insurance Corporation (LPS) will create a system that can disseminate data in real time. The chair of LPS’s Board of Commissioners, Anggito Abimanyu, said the move is aimed at increasing the accuracy of banking data related to loans and resolutions.

‘So we will create data or data information that we manage in real time. This will certainly improve the accuracy, data validation in relation to loans and resolutions,’ he said during a Hearing with Commission XI at the Indonesian DPR building in Jakarta, on Tuesday (19 May 2026).

Anggito explained that improving data accuracy and validation is required for the safety of customer funds because LPS currently guarantees more than 1,500 banks.

‘We are now monitoring 1,594 banks (comprising) commercial banks, sharia banks, regional banks, digital banks and including BPR (Bank Perkreditan Rakyat),’ he said.

So far, Anggito said, the data detection or performance tracking process takes about one month. The duration is considered not effective and inefficient in addressing banking problems.

‘We are also now noticing a relatively high number of legal suits. We are dealing with around 20 cases that generally arise from disputes regarding the data. Especially BPRs, their accuracy is inadequate, so we have to handle several lawsuits that come in,’ he explained.