OJK Prepares New RBB Rules to Encourage Banks to Finance MBG and Red and White Village Cooperatives

JAKARTA, KOMPAS.com - The Financial Services Authority (OJK) is preparing adjustments to the Bank Business Plan (RBB) provisions to encourage the banking sector to more actively support government priority programmes.

OJK Commissioner Chairman Friderica Widyasari Dewi stated that these adjustments will be incorporated into a Draft OJK Regulation (RPOJK) that will guide the direction of bank credit disbursements to align with national strategic agendas.

“We are drafting an RPOJK for the adjustment of RBB provisions. Within it, we will outline how we support banks in engaging more with government priority programmes,” she said at the Bank Mega Tower in Jakarta on Tuesday (7/6/2026).

The POJK will direct national banks to channel credit to government strategic programmes, such as the 3 million houses programme, Free Nutritious Meals (MBG), and Red and White Village Cooperatives.

Nevertheless, Friderica emphasised that financing for government priority programmes is not mandatory.

This is because credit disbursements depend on the banks’ risk management.

“It’s not mandatory, but we encourage it. Everything must align with their risk management and risk appetite,” she said.

This policy is expected to strengthen the financial services sector’s contribution to supporting government programmes while maintaining economic growth momentum.

It also serves as an effort to achieve this year’s credit growth target of 12% annually.

“In essence, when we pull it all together, we are quite confident that in 2026 we can achieve that target,” she affirmed.

It should be noted that the current RBB provisions are regulated under POJK No. 5 of 2016.

This regulation stipulates that every bank must prepare an annual business plan as an operational guideline.

The RBB document contains the bank’s performance targets, such as credit growth, fund mobilisation, and profit projections to be achieved over a specific period.

The RBB also outlines the business strategies that the bank will implement, including financing plans for various economic sectors, such as micro, small, and medium enterprises (MSMEs), housing, and other priority sectors.

Banks are also required to include risk management aspects and mitigation measures to address potential economic uncertainties.

This POJK also grants OJK the authority to supervise and evaluate the RBBs prepared by banks.

Banks are required to report the realisation of their business plans periodically to the OJK.