OJK Emphasises that SLIK Relaxation is Not to Avoid Bad Debts

The Financial Services Authority (OJK) in Bali has emphasised that the relaxation of the Financial Information Services System (SLIK) policy, which does not record loan arrears under Rp1 million, is not for avoiding records of problematic credit (non-performing loan/NPL). “The potential concern (of avoiding NPL records) seems small,” said the Head of OJK Bali, Parjiman, in Denpasar, Bali, on Wednesday (15/4/2026). He explained that the purpose of not recording credit under Rp1 million is to smooth the process of providing people’s housing loans (KPR), especially from the government’s programme to realise three million homes. Parjiman added that SLIK is one of the considerations in providing credit from banks to ascertain the debt history of prospective debtors in credit repayments if they have previously borrowed. Meanwhile, credit under Rp1 million is still recorded by the financial services institution providing the credit. “The amount of one million is also relatively small; sometimes it is administrative costs or fines that are forgotten and not paid by customers or debtors,” he said. Previously, the Chairman of the OJK Board of Commissioners, Friderica Widyasari Dewi, stated that the financial services regulator fully supports the government’s priority programme in building three million homes for Indonesian society.