Ministry Of Finance Reveals Himbara And Regional Banks Are Starting To Show Interest In Placement Of Government Funds

Director General of Economic and Fiscal Strategy of the Ministry of Finance Febrio Kacaribu (Photo: Antara)

BOGOR - The Ministry of Finance (Kemenkeu) revealed that the Association of State-Owned Banks (Himbara) which received the placement of government funds amounting to Rp200 trillion is now starting to show additional requests for funds.

Director General of Economic and Fiscal Strategy of the Ministry of Finance Febrio Kacaribu said that the absorption of funds by the five state-owned banks was quite significant and had been distributed in the form of credit to the public.

According to data from the Ministry of Finance as of October 9, 2025, the realization of the placement of government funds in five Himbara banks shows a positive trend, namely that Bank Mandiri has utilized around 74 percent or Rp40.7 trillion of the total Rp55 trillion fund.

Meanwhile, BRI has disbursed around 62 percent or IDR 34.1 trillion of total funds of IDR 55 trillion, BNI reaches 50 percent or IDR 27.5 trillion, Bank BTN disburses around 19 percent or IDR 4.75 trillion, and BSI reaches 55 percent or around IDR 5.5 trillion from the placement of IDR 10 trillion. Overall, funds that have been channeled to the real sector are estimated at IDR 112.5 trillion.

"This development is quite interesting. There has been a realization, the average is quite high. Mandiri already uses 74 percent, BRI has 62 percent, BNI 50 percent, BTN 19 percent, BSI 55 percent. We hope this will continue," he said at the 2026 State Budget Compulsory Meeting, Thursday, October 9.

Febrio said that at first, when the IDR 200 trillion fund placement program was launched, the banking response tended to be hesitant, and even refused on the grounds that he did not want to be forced.

"It turned out that after being given, it was running, now I'm asking for more," he said.

Even so, Febrio admitted that there had been no official application from Himbara regarding additional requests for funds. However, he has heard of this desire from state-owned banks.

Febrio also reminded the government to remain alert to possible bank imaging measures in disbursing credit, so that the use of funds must be reported regularly every month to the government.

In addition, he added that a number of regional banks also showed interest in accepting the placement of government funds.

Febrio said that Bank Jakarta and Bank Jatim had communicated directly with the Minister of Finance Purbaya Yudhi Sadewa. Even Bank Jabar Banten (BJB) is also reportedly interested.

"There have been requests from several other banks to get cash placements from the government as well. In fact, if I'm not mistaken, I've also heard that Bank BJB is interested. We'll see later," he explained.

He emphasized that for the placement of funds, his party will review proposals that come in with objective and comprehensive assessments.

Febrio explained that there are three main aspects that the government pays attention to before approving the addition of additional funds, namely first, the security of government funds must be guaranteed and second, these funds must really be channeled to the real sector.

"The third factor, yes risk. If it turns out that we are not sure about the proposal, especially if there are cases, then of course it will be considered," he explained.

He said that in August 2025, credit growth was recorded at 7 percent, and with an injection of funds of Rp200 trillion, the government hopes credit growth can reach 10 percent by the end of the year.