OJK Records 10 P2P Lending Companies Yet to Meet Minimum Equity Requirements

Jakarta (ANTARA) - The Financial Services Authority (OJK) has recorded that 10 peer-to-peer (P2P) lending companies have not met the minimum equity obligation of Rp12.5 billion per February 2026.

“10 out of 95 P2P lending providers have not met the minimum equity obligation of Rp12.5 billion,” said the Executive Head of the Supervision of Financing Institutions, Venture Capital, and Other Financial Institutions (PVML) of OJK, Agusman, during the March 2026 RDKB Press Conference in Jakarta on Monday.

In addition, there are 9 out of 144 financing companies that have not met the minimum core capital obligation requirement of Rp100 billion.

Agusman stated that all these financing companies and P2P lending providers have submitted action plans to OJK, which include steps to meet the minimum capitalisation, such as additional paid-in capital from existing shareholders, seeking strategic investors, and/or mergers.

Sanctions are imposed for violations of applicable OJK regulations or based on supervision results and/or follow-up examinations.

In general, OJK records that in the PVML sector, financing receivables from financing companies grew by 1.01 percent (year-on-year) to Rp512.14 trillion in February 2026. This growth was supported by working capital financing that increased by 8.31 percent (year-on-year).

The risk profile of financing companies also remains maintained, with the gross non-performing financing (NPF) ratio recorded at 2.78 percent and net at 0.81 percent, below the 5 percent threshold.

The aggregate credit risk level or the ratio of default rate over 90 days (TWP90) reached 4.54 percent, higher than the January 2026 position of 4.38 percent, but still below the 5 percent threshold.