Indonesia banks ramp up credit to productive sectors as govt readies Rp100 trillion liquidity

National banks have accelerated lending to productive sectors, with investment credit expanding 19.48% year‑on‑year to April 2026, outpacing consumer and working‑capital loans. Total bank credit reached Rp 8,755 trillion, of which Rp 6,454 trillion served the real economy. Credit to the construction sector jumped 45.54% YoY, while its non‑performing loan ratio fell to 1.99%, signalling both rapid growth and improving asset quality.

President Prabowo Subianto urged state‑owned banks (Himbara) to become “patriotic banks”, emphasizing that credit expansion should support inclusive, nationwide economic development and reach micro‑, small‑ and medium‑size enterprises. Government officials announced an extension of the placement of Rp 281 trillion in state funds in banks through December 2026 and a standby liquidity buffer of Rp 100 trillion to safeguard credit growth, which has stayed in double‑digit territory (11.5% YoY by May 2026).

Analysts project that Himbara will continue driving two‑digit credit growth, while private banks such as BBCA adopt a more conservative loan‑expansion strategy, positioning themselves as a safe‑haven amid higher interest rates. The combined policy thrust and robust credit performance underline the resilience of Indonesia’s banking sector in a challenging global environment.