Purbaya Gives IDR 2 T Credit for Furniture to Textile Industries
Jakarta, hitclubapk3 Indonesia — Minister of Finance (Minister of Finance) Ancient Yudhi Sadewa increased credit allocation for industry furniture until textile , from the original IDR 200 billion to IDR 2 trillion. This followed complaints from entrepreneurs who are members of the Indonesian Chamber of Commerce and Industry (Kadin).According to him, business actors can now […]
BI Highlights ‘Special Rate’ Making It Difficult for Banking Credit Interest to Decrease
Jakarta, hitclubapk3 Indonesia — Bank Indonesia (BI) assesses the widespread provision of special interest rates ( special rate ) by banks to jumbo depositors causing a decline credit interest slow banking.In fact, BI’s benchmark interest rate (BI 7 Days Reverse Repo Rate) has fallen to 4.75 percent. Head of the BI Macroprudential Policy Department Solikin M Juhro […]
OJK Responds to Unemployed Credit at Banks Reaching IDR 2,500 T
Jakarta, hitclubapk3 Indonesia — Financial Services Authority ( FSA ) respond to idle credit that has not been distributed banking ( undisbursed loans ) touched IDR 2,500 trillion as of November 2025. Chief Executive of OJK Banking Supervision Dian Ediana Rae said growth undisbursed loans which remains high indicates that there is still flexibility in […]
Petro Energy Boss Sentenced to 8 Years in Prison for LPEI Credit Corruption Case
Jakarta, hitclubapk3 Indonesia — PT Petro Energy (PE) owner Jimmy Masrin was sentenced to 8 years in prison and a fine of IDR 250 million, subsidiary to 4 months in prison in a corruption case in providing credit facilities at the Indonesian Export Financing Institution (LPEI). The decision was read out by the panel of […]
OJK Provides Credit Relief to Sumatran Disaster Victims, Valid for 3 Years
Jakarta, hitclubapk3 Indonesia — Financial Services Authority ( FSA ) enact credit restructuring for victims disaster on the island of Sumatra for the next 3 years. Chairman of the OJK Board of Commissioners Mahendra Siregar emphasized that credit restructuring is permitted in OJK Regulation (POJK) Number 19 of 2022. He said the consideration was disaster management. Mahendra […]
Bank Credit Growth Slows to 7.36 Percent as of October 2025
Jakarta, hitclubapk3 Indonesia — Financial Services Authority ( FSA ) notes credit banking grew 7.36 percent annually ( year on year /yoy) to IDR 8,220 trillion as of October 2025. This growth slowed compared to the previous month, 7.70 percent (yoy). ADVERTISEMENT SCROLL TO CONTINUE WITH CONTENT “Based on type of use, investment credit grew […]
BNI Distributes Interest-Free Credit to North Morowali MSMEs
Jakarta, hitclubapk3 Indonesia — As many as 300 Micro, Small and Medium Enterprises (MSMEs) in the district have registered as potential recipients of subsidized credit from PT Bank Negara Indonesia (Persero) Tbk or BNI in North Morowali, Central Sulawesi. “The regional government (Pemda) and BNI are working together in distributing subsidized credit, as an effort […]
BSI Predicts Indonesian Banking Credit to Grow 10.15 Percent in 2026
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MSMEs Affected by Sumatran Floods Receive Credit Restructuring and Whitening
Jakarta, hitclubapk3 Indonesia — Coordinating Minister for Economic Affairs Airlangga Hartarto ensure that micro, small and medium enterprises ( MSMEs ) in Aceh, North Sumatra and West Sumatra which are affected by the disaster will receive relaxation credit automatically according to applicable regulations. The government, continued Airlangga, is preparing a relief scheme that includes restructuring […]
Minister of Finance Says Revision of Kopdes Credit Mechanism Rules Will Be Completed Soon
Jakarta, hitclubapk3 Indonesia — Minister of Finance (Minister of Finance) Purbaya Yudhi Sadewa stated that the revision of regulations regarding the loan distribution mechanism for red and white village/sub-district cooperatives will soon be completed. The revised regulation referred to by Purbaya is the Minister of Finance Regulation (PMK) Number 49 of 2025 to regulate the […]