Indonesia Bank Credit Surges to 12.7% YoY in June 2026

Bank Indonesia reported that total bank credit grew 12.67 % year‑on‑year in June 2026, the strongest pace since April 2024. Credit investment led the surge with a 24.9 % increase, while working‑capital and consumer loans rose 8.94 % and 5.75 % respectively. The central bank also noted that broad money (M2) reached Rp 10.4328 trillion, up 8.7 % YoY, driven by higher M1 and quasi‑money balances and by the 12.1 % rise in loan disbursement.

The Financial Services Authority (OJK) said undisbursed loan facilities still total around Rp 2.5 quadrillion, providing ample room for further lending. OJK executive Dian Ediana Rae expressed optimism that micro, small and medium‑enterprise (UMKM) credit will stay positive through the end of 2026. OJK is also considering mandatory targets for banks’ green‑loan allocations. Meanwhile, Bank Indonesia kept its policy rate at 5.75 % and, after a brief liquidity squeeze in late June, injected nearly Rp 1 000 trillion through repo and swap operations to stabilise markets. Cross‑border QRIS transactions in Q2 2026 hit an inbound value of Rp 1.85 trillion, underscoring growing digital payment use by tourists.

Overall, the data suggest a resilient Indonesian banking sector, expanding credit, strong money supply growth, and policy measures aimed at sustainable financing.