OJK Outlines Four Main Goals for SLIK Optimisation to Expand MSME Financing Access

The Financial Services Authority (OJK), through the Deputy Commissioner for Financial System Stability, Agus E. Siregar, explained that the optimisation of the Financial Information Service System (SLIK) launched today has four primary objectives.

The first objective is to support national economic development programmes, specifically by expanding access to financing for micro, small, and medium enterprises (MSMEs).

“The second is to accelerate data currency by speeding up the reporting of settled credit and financing, ensuring that information within SLIK becomes more up-to-date,” said Agus during an event regarding the refinement of the SLIK system at the Bank Indonesia (BI) building, Jakarta, on Monday, 6 July 2026.

The third objective is to minimise the potential for complaints from the public or debtors regarding facilities that have been fully paid off but have not yet been updated.

“Lastly, it is to strengthen the financial ecosystem through a more credible credit system, in order to maintain financial system stability and strengthen consumer protection,” he added.

Agus explained that several aspects are being refined in this effort, including the acceleration of reporting for credit and financing data that has been settled or completed.

“This step is crucial so that individuals who have fulfilled their obligations can obtain debtor information that more accurately reflects their current status,” said Agus.

He added that for financial service institutions, more up-to-date data is believed to support more accurate analysis and reduce the risks associated with decision-making based on outdated information.

Another refinement explained by Agus involves adjusting the scope of debtor information displayed in the SLIK system. The information will focus on debtors with an initial ceiling and outstanding balance of over Rp1 million cumulatively, based on the debtor’s identity number.

“This adjustment is expected to impact approximately 18 million debtors who still have a cumulative credit amount exceeding Rp1 million,” said Agus.

These two optimisation steps are also set to support the government’s agenda in providing decent and affordable housing through the 3 Million Houses programme. More current and relevant debtor information will assist in the assessment of housing payments, including subsidised Mortgage (KPR) processes, more accurately and efficiently while maintaining the principle of prudence.