OJK Says Banks Will Revise Business Plans This Month

Jakarta — Indonesia’s Financial Services Authority (OJK) has disclosed that banks will revise their bank business plans (RBB) this month. However, OJK’s Chief Executive of Banking Supervision, Dian Ediana Rae, could not yet conclude whether the revisions will be downward or upward. “It depends, of course, on the outlook, the banks’ perceptions and so forth. Because what we are hoping for is an increase,” Dian said when met at the Parliament Complex on Wednesday (17/6/2026). He explained that it will depend on economic conditions, such as the movement of the rupiah exchange rate, which is now starting to stabilise, and the Indonesian capital market, which is beginning to recover. “I think this is also a good moment. Because some people are concerned about rupiah fluctuations. If the rupiah fluctuation can be controlled, then those doing business related to import-export will certainly increase quite significantly,” Dian clarified. He then touched on the increase in the Bank Indonesia (BI) Rate. Dian mentioned there is always a time lag in the transmission of the benchmark interest rate to bank lending rates. “So indeed, we are now really, if we look at this it can be said as a perception, that the results of our previous survey were still positive. What we are looking at now is what concerns us the most, which is how long this will take,” Dian explained. According to him, there is also positive sentiment from the ceasefire between America and Iran. As a result, global oil prices have gradually declined. Dian assessed that this factor could eventually help lower domestic oil prices. “So if we compare it to the atmosphere of the last two months, hopefully if it can bounce back at the beginning of this year, it would actually be quite good. So from that perspective, we are hoping it will be decent,” he said. Furthermore, he revealed that the deadline for banks to submit the revised RBB is the end of June. Dian said the OJK will also hold a prudential meeting beforehand regarding bank performance targets, such as access to finance for MSMEs, which is a priority.