The Government Will Distribute IDR 200 Trillion To Six National Banks Starting September 12

JAKARTA - Minister of Finance (Menkeu) Purbaya Yudhi Sadive said that the government will start transferring state deposits of Rp200 trillion from Bank Indonesia (BI) to a number of national banks starting Friday, September 12, 2025.

Purbaya explained that the funds would be channeled to six banks, consisting of four Himbara banks and two sharia banks.

"There are six. (There are four Himbaras), two Islamic banks, two BSIs and one more," he told the media crew after a Working Meeting (Raker) with Commission XI DPR RI, Thursday, September 11.

The list of banks that will receive the funds is four Himbara banks, namely PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) Tbk.

Meanwhile, two Islamic banks, namely PT Bank Syariah Indonesia Tbk (BSI) and PT Bank Syariah Nasional (BSN), were previously PT Bank Victoria Syariah (BVIS) and have been acquired by BTN as part of the process of separating Sharia Business Units (UUS).

Regarding the amount of funds that will be received by each bank, Purbaya said that a proportional scheme would be implemented, although it did not specify the figures.

"There are proportions, different. We will arrange them later," he said.

He emphasized that the distribution process and it will start tomorrow and may be carried out quickly.

"It should be fast (the distribution process). Tonight I signed, tomorrow I will enter the banks," he said.

He explained that this step to place funds was part of the government's efforts to reactivate credit flow and encourage economic growth.

Meanwhile, the funds will be placed in government accounts in banks, one of which is in the form of deposits.

However, Purbaya reminded that this fund should not be used to buy Rupiah Bank Indonesia Securities (SRBI) or Government Securities (SBN).

He stressed that its use was fully handed over to the bank, as long as its goal was to strengthen liquidity in the national financial system.

"(The designation) likes the bank. The important thing is that we have liquidity into the system," he said.

Previously, the Director General of Treasury at the Ministry of Finance, Astera Primanto Bhakti, explained that the Rp200 trillion fund previously deposited in a government account at Bank Indonesia (BI) had now been withdrawn, so the funds were ready to be channeled to banks.

He explained that the funds would come from the More Budget Balance (SAL) and the Remaining Budget Financing (SILPA) which was kept by the government in Bank Indonesia.

"Our cash money comes from everywhere, one of which is from SAL, (From SAL and SILPA?) Yes," he told the media crew, at the Senayan Parliament Complex, Thursday, September 11.

He conveyed that the funds are expected to strengthen the liquidity of the banking system and directly encourage the growth of the real sector.

Therefore, Prima said that his party would design a special mechanism so that the distribution of funds by banks was really directed in accordance with the government's initial goal, namely to support the real sector.

"Yes, it's easy (ensured that banks channel government funds into the real sector), we can make mechanisms. Anyway, there are regulations," he said.