OJK: Banks Must Enhance Resilience
The banking industry must increase its resilience amidst a landscape of economic uncertainty. This can serve as a modality for banks to perform their intermediation functions while simultaneously driving the national economic development agenda.
This was one of the key themes conveyed by the Chair of the Board of Commissioners of the Financial Services Authority (OJK), Friderica Widyasari Dewi, and the OJK Executive Head of Banking Supervision, Dian Ediana Rae, during the launch of the ‘Roadmap for the Development and Strengthening of Indonesian Banking 2026-2030’ in Badung Regency, Bali, on Friday (2/10/2026).
Friderica stated that the banking industry is facing various challenges, ranging from the global economic slowdown and persistent inflation to global uncertainty. These dynamics can indirectly affect the risk profile of the banking sector.
“In this context, we need to recognise that banking resilience is no longer just a topic of discussion, but a necessity—how resilience will look in the future,” she said during her speech.
Therefore, she continued, it is important for banking industry players to change their perspective on managing business through an ecosystem-based approach. This means banks will become increasingly connected with technology companies, digital platforms, supply chains, and other financial sectors.
To achieve this, according to Friderica, banking transformation is heavily determined by a conducive investment and business climate, adequate data and digital infrastructure, increasingly competent human resources, and cross-sector coordination.
“Indonesia needs a banking system capable of connecting savings with investment capital, opportunity with technology, productivity with financing, and sustainable growth,” she said.
“We want to ensure the foundations of the banking industry become even stronger through the strengthening of capital structure, liquidity, governance, risk management, and integrity.”
As of August 2026, the banking industry recorded credit growth of 13.65 per cent year-on-year to Rp 9,178 trillion. This development was accompanied by the collection of third-party funds (DPK), which grew by 10.94 per cent year-on-year to Rp 10,059 trillion.
Furthermore, banking credit risk remains manageable, as reflected by the non-performing loan (NPL) ratio at the 2.11 per cent level. On the other hand, the banking capital adequacy ratio (CAR) remains sufficient at 24.1 per cent.
On the same occasion, Dian added that the preparation of this roadmap for the banking industry is a mandate from Law Number 4 of 2026 regarding the Amendment to Law No. 4/2023 on the Development and Strengthening of the Financial Sector (P2SK).
In this regard, the direction for the development and strengthening of the banking industry is also being adjusted to evolving global dynamics. Furthermore, the banking industry is expected to contribute to economic growth in line with the national development agenda.
Dian explained that the banking industry roadmap comprises five strategies, covering institution and integrity, technological modernisation and digital resilience, deepening of financial markets and strengthening of intermediation, sustainable finance, as well as integrated licensing and adaptive supervision.
“We want to ensure the foundations of the banking industry become even stronger through the strengthening of capital structure, liquidity, governance, risk management, and integrity,” she said.
In relation to this, she continued, OJK will formulate regulations regarding the implementation of banking consolidation through capital thresholds. The future target is for the banking industry to be divided into three groups of banks based on their capital, down from the current four groups.