OJK Targets 9% Growth in MSME Lending for 2026, Strengthens Financing Access

The Chairperson of the Board of Commissioners of the Financial Services Authority (OJK), Friderica Widyasari Dewi, known as Kiki, projects that lending to MSMEs in 2026 could grow by 7-9 percent year-on-year (yoy). She therefore confirmed that the authority will continue to strengthen financing access for MSMEs, so that lending to business actors can continue to increase. Kiki also conveyed support for MSMEs and efforts to deepen the market, which are a focus for the authority as one of the topics discussed during a meeting of the Financial System Stability Committee (KSSK) with Commission XI of the Indonesian House of Representatives (DPR RI) in Jakarta today. “Earlier, the members of Commission XI asked many questions about MSME credit. So this is our homework on how MSME credit can grow,” Kiki said at the Senayan Parliament complex, Jakarta, Monday, 20 July 2026. She explained that the current condition of the banking sector remains well-maintained with positive credit growth. According to OJK records, bank lending grew by 11.5 percent to a value of approximately Rp 8,600 trillion, while liquidity conditions are also maintained. Furthermore, the OJK together with other KSSK members, consisting of the Ministry of Finance, Bank Indonesia, and the Deposit Insurance Corporation (LPS), will continue to coordinate in maintaining the stability of the national financial services sector to ensure it functions well. Previously, the authority had been strengthening the national credit information infrastructure through the optimisation of the Financial Information Service System (SLIK) to improve the quality of debtor information, expand healthy financing access, and support lending to productive sectors, including MSMEs and the 3 Million Houses Programme. The SLIK optimisation is part of OJK’s commitment to improving the quality and targeting of credit and financing distribution to the public, thereby helping to maintain financial sector stability. The SLIK optimisation, which came into effect on 1 July 2026, includes accelerating the updating of credit or financing information by Financial Services Business Actors (PUJK) to no later than three working days after repayment, as well as implementing a debtor information threshold for nominal amounts above Rp 1 million so that the information presented remains proportional and relevant in the credit analysis process.