OJK: Himbara Credit Distributed Across Various Segments, Not Just SOEs

Jakarta (ANTARA) - The Financial Services Authority (OJK) noted that credit distribution by member banks of the Association of State-Owned Banks (Himbara) is spread across various debtor segments, encompassing not only State-Owned Enterprises (SOEs) but also the private sector.

As of July 2026, Himbara’s credit distribution grew by 16.95 per cent year-on-year, an increase compared to the 7.63 per cent year-on-year growth recorded in July 2025.

“This growth is supported by increased credit distribution to several groups of debtors and is not merely concentrated on SOEs,” said OJK Chief Executive of Banking Supervision, Dian Ediana Rae, in a written response in Jakarta on Monday.

More specifically, Dian noted that credit to SOEs and Regional-Owned Enterprises (BUMD) grew significantly at 57.79 per cent year-on-year in July 2026.

In nominal terms, the largest increase in credit compared to July 2025 actually originated from the non-financial private group, with an increase of Rp346.6 trillion, compared to the credit increase to SOEs/BUMDs of approximately Rp169.4 trillion.

Thus, although SOEs/BUMDs remain one of the debtor groups driving Himbara’s credit growth, Dian stated that the acceleration of Himbara credit during this period was relatively distributed across several debtor groups and was not solely concentrated on SOEs.

“This also demonstrates that Himbara continues to perform its intermediation function for various debtor segments, including both SOEs and the private sector,” said Dian.

Furthermore, OJK also ensured that credit distribution continues to be conducted in accordance with applicable regulations, applying the principles of prudence and adequate risk management.