Indonesia to launch Rp11 trillion mass bank account program

mass bank account opening financial inclusion social assistance distribution BRI BSI

The Indonesian government is preparing a mass bank account opening program targeting 200 million citizens to strengthen financial inclusion and streamline the distribution of social assistance (Bansos). Coordinating Minister for Economic Affairs Airlangga Hartarto stated that approximately Rp11 trillion (roughly $600 million USD) from the state budget (APBN) is being allocated for this initiative. Each new account is expected to receive an initial balance of Rp50,000.

Under the directive of President Prabowo Subianto, the program will utilize state-owned banks, specifically Bank Rakyat Indonesia (BRI) and Bank Syariah Indonesia (BSI). BRI is designated to manage account openings across Indonesia, while BSI will focus on the Aceh region. The program aims to automatically provide accounts to citizens upon reaching age 17, integrated with national population data (Dukcapil).

Implementation is expected to begin in stages, with a potential rollout before the end of 2026 or a trial period in the first quarter of 2027. Officials are currently finalizing technical mechanisms and regulations in coordination with Bank Indonesia and the Financial Services Authority (OJK). Lawmakers have emphasized the need for strict data verification to prevent duplicate accounts and ensure the program prioritizes the unbanked population.

Entities

Airlangga Hartarto · Bank Rakyat Indonesia · Bank Syariah Indonesia · Danantara · Indonesia · Prabowo Subianto · Rosan Roeslani

Claims

What the coverage asserts, and how many sources carry each claim.

[DISPUTED] The rollout is expected to begin before the end of 2026. rmol.id · www.viva.co.id · disway.id
[● 3 SOURCES] BRI will handle account openings across Indonesia, while BSI will be designated for Aceh. www.rri.co.id · economy.okezone.com
[● 8 SOURCES] The program aims to facilitate the distribution of social assistance (Bansos). www.rri.co.id · disway.id · ekbis.sindonews.com · www.inews.id · katadata.co.id · +2 more
[● 5 SOURCES] Accounts will be automatically issued to citizens aged 17 with a KTP. economy.okezone.com · ekbis.sindonews.com · rmol.id · www.inews.id
[● 7 SOURCES] The program targets 200 million Indonesian citizens. www.rri.co.id · rmol.id · www.viva.co.id · disway.id · news.republika.co.id · +1 more
[● 9 SOURCES] Each account will receive an initial balance of Rp50,000. www.rri.co.id · rmol.id · www.viva.co.id · disway.id · news.republika.co.id · +2 more
[● 7 SOURCES] The government is preparing approximately Rp11 trillion for the mass opening of bank accounts. www.rri.co.id · rmol.id · www.viva.co.id · disway.id · news.republika.co.id · +1 more
[DISPUTED] The program is planned for a trial in the first quarter of 2027. www.cnbcindonesia.com