OJK Values Financial Sector Stability Is Maintained Amid Domestic Dynamics

Chairman of the OJK DK Mahendra Siregar (Photo: Antara)

JAKARTA - The Financial Services Authority (OJK) assessed that the stability of the financial sector in August 2025 will remain stable.

"The OJK Monthly Board of Commissioners meeting on August 27, 2025 assessed that the financial services sector was stable amid global and domestic dynamics," said OJK Board of Commissioners Chairman Mahendra Siregar at a press conference at the Board of Commissioners Meeting for the Monthly August 2025, Thursday, September 4.

Mahendra revealed in his latest report that the IMF revised upwards the projected global economic growth of 20 business points to 3 percent by 2025 and 10 business points to 3.1 percent by 2026 driven by frontloading ahead of the increase in tariffs and lower US effective rates than the initial plan, improvement of global reputity conditions, and accommodative fiscal policy.

In line with that, the WTO also estimates that global trade in 2025 will grow 0.9 percent higher than the previous estimate of minus 0.2 percent mainly due to the increase in US import frontloading.

He conveyed that developments in the main country show various conditions that lead to an increase in expectations of easing global monetary policy that supports financial market strengthening and the flow of funds to emerging markets including Indonesia.

Mahendra explained that from within the country, the domestic economy recorded a solid growth rate, while intermediation in the financial services sector showed positive growth in line with domestic economic growth.

Meanwhile, in terms of the capital market, he explained that the Composite Stock Price Index (JCI) set a record high in August 2025 despite the dynamics of domestically in the past week having a limited impact on stock market volatility.

According to him, based on an assessment of the condition of financial services institutions as a whole, the liquidity level is still at an adequate level and is supported by good solvency.

"OJK together with the related financial services and association industry will continue to carry out data collection and comprehensive assessments of the impact of domestic dynamics in the last few days," he added.

He conveyed that this step was taken so that the policy options taken were based on accurate and targeted data in ensuring that the financial services sector remained stable.

Mahendra added that the OJK is coordinating with all Financial Services Institutions (LJK) so that they can take anticipatory steps to ensure that LJK continues to serve the community as well as possible.

"Coordination and synergy with all members of the KSSK also continue to be applied in maintaining and mitigating potential risks that can disrupt the stability of the financial services sector as a whole," he concluded.