OJK: Civil Servant Payrolls Could Create Greater Scope for Financial Intermediation

The Financial Services Authority (OJK) has commented on proposals to transfer civil servants’ salary payments from regional development banks (BPDs) to state-owned banks.

OJK said civil servants are strategic partners and one of the main customer bases for BPDs. Although BPD third-party funds are currently dominated by deposits from sources other than regional governments, civil servant payrolls are a stable component of BPD funding.

Further details were presented on CNBC Indonesia’s Power Lunch programme on Tuesday, 13 October 2026.