Prabowo Summons State-Owned Bank Chiefs to State Palace

The chief executives of Indonesia’s state-owned banks arrived at the State Palace in Jakarta on Thursday afternoon (18/6/2026). Among those seen arriving from 14:00 WIB were BRI CEO Hery Gunardi, BNI CEO Putrama Wahju Setyawan, Bank Mandiri CEO Riduan, and BTN CEO Nixon LP Napitupulu. The group also included directors and commissioners from the state banks, such as BNI Deputy CEO Alexandra Askandar, BRI Operations Director Hakim Putratama, BRI Chief Commissioner Kartika Wirjoatmodjo, BNI Commissioner Febrio Nathan Kacaribu, and BTN Commissioner Fahri Hamzah.

The subject of the meeting was not immediately disclosed. “It’s about banking,” Bank Mandiri CEO Riduan told reporters, adding that all invited Bank Mandiri executives were present but declining to provide details. Other officials spotted included Coordinating Minister for Economic Affairs Airlangga Hartarto, Danantara CIO Pandu Sjahrir, and Agriculture Minister Andi Amran Sulaiman. BTN CEO Nixon noted he had been aware of the summons for two to three days but did not yet know the agenda.

The gathering follows a meeting held on Monday (15/6/2026) by Dony Oskaria, Head of the State-Owned Enterprise Supervisory Board (BP BUMN) and COO of Danantara Indonesia, with chief commissioners and CEOs of the state banks. That session aimed to review the performance of the government-owned banks. “The positive performance of Himbara banks serves as a pillar in driving national economic growth through greater financing for productive and people-based sectors, including manufacturing, natural resource downstreaming, infrastructure, MSMEs, and sectors capable of creating jobs and enhancing national competitiveness,” according to the bumn_id Instagram account.

The meeting between the state bank CEOs and President Prabowo took place concurrently with Bank Indonesia’s announcement of a benchmark interest rate increase. The Bank Indonesia Board of Governors’ meeting on 18-19 June 2026 decided to raise the BI-Rate by 25 basis points to 5.75%. Correspondingly, the Deposit Facility rate was raised by 25 bps to 4.75%, and the Lending Facility rate by 25 bps to 6.50%. The increase is a further step to strengthen Rupiah exchange rate stabilisation and a pre-emptive measure to keep inflation within the government’s target range of 2.5±1% for 2026 and 2027.