Revealed! The Range of OJK Incentives for Himbara to Place DHE SDA

Jakarta, CNBC Indonesia - The Financial Services Authority (OJK) has prepared a number of incentives to support the implementation of placing foreign exchange earnings from natural resources (DHE SDA) in several Himbara banks.

As previously noted, under the latest DHE SDA provisions, Government Regulation Number 21 of 2026, 100% of DHE SDA must be parked in the state-owned bank association (Himbara) and must retain 30% of their DHE for three months for the oil and gas sector and 100% for 12 months for non-oil and gas in a special account.

“OJK will also provide support with a number of incentives,” said OJK Chairman of the Board of Commissioners Friderica Widyasari Dewi during a meeting with Coordinating Minister for the Economy, the Governor of Bank Indonesia and several Natural Resource associations at the Office of the Coordinating Ministry for the Economy, on Thursday (21/5/2026).

Friderica explained there are two main relaxations to be provided to the banking industry.

First, DHE SDA funds may be treated as cash collateral as long as they meet the requirements, as regulated in OJK’s asset quality provisions for commercial banks, including Sharia banks and Sharia units.

The other incentive, a portion of funded funds guaranteed by cash collateral for DHE SDA as long as it meets certain conditions can be exempt from BMPK calculations or the maximum credit provision limits.

“This represents support to ensure the PP DHE SDA implementation still allows banks to support the needs of businesses without disregarding prudential principles,” Friderica said.

As a follow-up, OJK will issue a letter to all directors of commercial banks. The letter will detail the support and OJK’s role in implementing the placement of DHE SDA required by relevant ministries/agencies.

“The letter will inform the form of OJK support in implementing the regulation, including the data and information support needed by ministries or related agencies,” she said.

In addition to incentives, Friderica also confirmed that OJK will monitor escrow accounts used in implementing the latest DHE SDA policy. OJK already has adequate provisions to supervise the escrow accounts in question.

Operationally, OJK will continue to strengthen coordination with relevant ministries and agencies, especially Bank Indonesia and the Ministry of Finance, through the submission of audit results on escrow accounts if required.

“In addition to that, we will coordinate with Bank Indonesia for further examinations of banks if needed,” Friderica said.