New DHE SDA Regulations Take Effect June 1, 2026, BTN Says Bank Liquidity Strengthened

JAKARTA, KOMPAS.com - PT Bank Tabungan Negara (Persero) Tbk (BTN) believes the new regulations for foreign exchange from natural resources exports (DHE SDA), effective June 1, 2026, will strengthen national banking liquidity and maintain credit quality.

BTN Managing Director Nixon Napitupulu said the requirement to deposit DHE SDA with the State-Owned Banks Consortium (Himbara) provides additional certainty of funds for state-owned banks, including BTN.

“This is good for Himbara as it ensures a significant increase in funds and certainty,” Nixon said during an interview in Jakarta, cited from Kontan on Friday, May 22, 2026.

The government revised DHE SDA regulations through Government Regulation No. 21 of 2026, amending PP No. 36 of 2023 on Foreign Exchange from Natural Resources Exploitation, Management, and/or Processing.

Under the new policy, natural resources sector exporters must deposit 100% of export foreign exchange into Himbara accounts. They are also required to hold a minimum of 30% for oil and gas sector and 100% for non-oil sectors in special accounts within the Himbara system.

Economic Affairs Coordinating Minister Airlangga Hartarto said flexibility is provided to support the implementation of bilateral trade agreements or specific arrangements.

“Yes, there are exceptions for partner countries. We will monitor, such as the United States,” Airlangga stated in a statement cited from Antara in Jakarta on Friday, May 22, 2026.

The policy also sets minimum deposit periods of three months for oil and gas commodities and 12 months for non-oil.

Additionally, the government has revised foreign currency conversion rules, lowering the maximum conversion limit of DHE SDA to rupiah from 100% to 50%.

For the implementation of bilateral trade agreements, mining sector DHE SDA must retain a minimum of 30% for at least three months, with funds permitted to be deposited in non-Himbara banks.