OJK Projects "Undisbursed Loan" Growth To Experience Moderation

JAKARTA - The Financial Services Authority (OJK) projects that the unbursed loan growth rate (undisbursed loan) will experience moderation, along with adjustments to banking business strategies and considerations and responses to economic conditions.

Based on Bank Indonesia (BI) records, it was still quite large in September 2025, reaching IDR 2,374.8 trillion or 22.54 percent of the available credit ceiling. This ratio slightly decreased from the previous month which was 22.71 percent.

The Chief Executive of OJK Banking Supervision Dian Ediana Rae in a written answer in Jakarta, Saturday, viewed the continued high growth of idhisbursed loans indicating that credit demand in the banking sector was still strong.

"This reflects the optimism of business actors in the future economic prospects," said Dian.

In August 2025, the growth of unhulled loans increased by 10.09 percent year on year (yoy), higher than the previous year which grew by 5.74 percent yoy.

This, explained Dian, reflects the relaxation of credit withdrawals in the future that debtors can take advantage of in carrying out business expansion.

With this large credit commitment, Dian also considered that there was potential for an increase in credit realization in the future.

So, in the event that economic conditions improve and the confidence of business actors increases, credit disbursement can increase and encourage the growth of the real sector.

As previously reported, BI Governor Perry Warjiyo at a press conference on the results of the Board of Governors' Meeting (RDG) on Wednesday (22/10) revealed that the ratio of bisabursed loans was mainly contributed by the corporate segment with the main contribution from the trade, industrial and mining sectors, as well as with the type of working capital credit.

Banking credit in September 2025 grew by 7.70 percent (yoy), slightly increasing from the previous month which was 7.56 percent (yoy).

Working capital credit and consumption credit growth slowed to 3.37 percent (yoy) and 7.42 percent (yoy), respectively, while investment credit growth increased to 15.18 percent (yoy).

BI considers that the overall demand for credit is not strong, influenced by the attitude of business actors who are still waiting and seeing, optimizing internal financing by corporations, and relatively high lending rates.

Meanwhile, in the same period, third party funds (DPK) grew by 11.18 percent (yoy) with a liquid device ratio of third party funds (AL/DPK) of 29.29 percent.

According to the central bank, the interest in lending bank credit in general is quite good as reflected in the fairly loose lending recommendation requirements.

For the whole year, BI estimates credit growth will be at a lower limit of 8-11 percent and will increase next year.