OJK Claims Bali's Financial Industry Remains Stable Despite Global Turbulence

The Financial Services Authority (OJK) Bali claims that the condition of the financial services industry (IJK) in Bali remains stable until February 2026, despite the dynamics of the global and domestic economy. This is evident from the positive performance of banking, both in terms of credit disbursement and third-party fund collection.

Credit disbursement based on bank location grew 6.47% year-on-year (yoy) to Rp119.75 trillion. Meanwhile, credit based on project location grew higher, at 7.24% yoy to Rp144.20 trillion.

Credit disbursement in Bali is still dominated by the micro, small, and medium enterprise (UMKM) sector. As much as 51.32% of credit is channelled to UMKM with 4.71% yoy growth. The most credit is absorbed by micro enterprises at 42.17%, followed by small enterprises at 37.43%.

“UMKM credit disbursement in Bali is still higher than the national level, both in terms of portion and growth,” said the Head of OJK Bali, Parjiman, on Thursday (30/4/2026).

If viewed by economic sector, the most credit is channelled to the non-business field category at 33.63% and the wholesale and retail trade sector at 27.24%.

Credit growth in Bali is still supported by investment credit which increased by Rp6.32 trillion or 17.81% yoy. This increase mainly comes from the accommodation and food and beverage provision sector as well as real estate, which are closely related to tourism activities in Bali.

“The increase in investment credit shows the contribution of banking in supporting business expansion and encouraging long-term economic growth in Bali,” added Parjiman.

In addition to banking, other financing sectors also show growth. Financing disbursement through venture capital companies in Bali was recorded at Rp115.87 billion or grew 25.60% yoy. The quality of financing remains maintained with a low non-performing financing (NPF) ratio of 1.05%.

Meanwhile, financing through fintech peer-to-peer lending also grew quite high, at 37.58% yoy to Rp2.20 trillion. However, OJK notes an increase in credit risk in the fintech sector.

“Along with the increasing growth in financing, the 90-day default rate (TWP 90) for fintech peer-to-peer lending as of February 2026 experienced an increase to 4.31%, but still within a controlled range and below the national figure of 4.54%,” revealed Parjiman.