OJK Revokes Business Licence of BPR Pasarraya Kuta
The Financial Services Authority (OJK) has revoked the business licence of PT Bank Perekonomian Rakyat (BPR) Pasarraya Kuta. The revocation of the BPR, located at Jalan Raya Tuban Number 62, Tuban Village, Kuta District, Badung, was carried out in accordance with the Decision of the OJK Board of Commissioners Member Number KEP-71/D.0CO/2026, dated 17 September 2026.
“The revocation of the business licence of PT BPR Pasarraya Kuta is part of the supervisory actions taken by the OJK to continuously strengthen the banking industry and maintain public trust,” said the Head of OJK Bali, Parjiman, in a press release cited on Sunday (20/9/2026).
Parjiman stated that the OJK had previously placed PT BPR Pasarraya Kuta under ‘BPR in Recovery’ (BDP) status on 4 September 2025. This status was assigned because PT BPR Pasarraya Kuta maintained a Minimum Capital Adequacy Ratio (KPMM) of less than 12%.
PT BPR Pasarraya Kuta subsequently followed up on the OJK’s BDP status designation by preparing a recovery plan. However, in its implementation, PT BPR Pasarraya Kuta was unable to fully realise this plan. Consequently, during the BDP period, the efforts of PT BPR Pasarraya Kuta failed to yield significant results in addressing the bank’s capital and liquidity problems.
Subsequently, the OJK placed PT BPR Pasarraya Kuta under ‘BPR in Resolution’ (BDR) status on 2 September 2026. This decision was made considering that the OJK had provided a timeframe for the management and shareholders to undertake recovery efforts, specifically to address capital and liquidity issues.
PT BPR Pasarraya Kuta’s BDR status was established in accordance with Financial Services Authority Regulation (POJK) Number 28 of 2023 regarding the Determination of Status and Follow-up Supervision of Rural Banks and Sharia Rural Banks. However, the management and shareholders of PT BPR Pasarraya Kuta were unable to execute the bank’s recovery.
Furthermore, the Indonesia Deposit Insurance Corporation (LPS) determined the method for handling the bank in resolution by proceeding with liquidation and requesting the OJK to revoke the business licence of PT BPR Pasarraya Kuta. This determination was based on the Decision of the LPS Board of Commissioners Member Number 125/ADK3/2026 regarding the Method of Handling Banks in Resolution for PT BPR Pasarraya Kuta, dated 10 September 2026.
The OJK then proceeded with the revocation of the business licence (CIU) for PT BPR Pasarraya Kuta. Parjiman emphasised that the revocation was carried out following the request from the LPS and in consideration of the provisions in Article 19 of POJK Number 28 of 2023.
According to Parjiman, with the revocation of the business licence, the LPS will carry out its guarantee functions and conduct the liquidation process. These efforts are being undertaken in accordance with Law (UU) Number 24 of 2004 concerning the LPS, as amended by Law Number 4 of 2026 regarding the Amendment to Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector.
The OJK has urged customers of PT BPR Pasarraya Kuta to remain calm, as public funds in the banking sector, including BPRs, are guaranteed by the LPS in accordance with applicable regulations.