JAKARTA - The Financial Services Authority (OJK) is preparing a revision to the Bank Business Plan (RBB) rules to adjust banking business activities with government priority programs.
The Chairperson of the OJK Board of Commissioners, Friderica Widyasari Dewi, explained that this change in the RBB would focus on the aspect of credit distribution.
He added that with the revision, the banking sector is expected to support various government strategic programs and is targeted to be issued in the third quarter of 2026.
"This plan will be released in the third quarter of this year, where the revision of the rules in the RBB is related to the distribution of credit," he said at a press conference of the Financial System Stability Committee, Thursday, May 7.
Friderica, who is familiarly called Kiki, emphasized that the policy is not mandatory and each bank still has flexibility in determining the strategy for distributing credit according to its own risk profile and tolerance.
"I straighten it again, this is not mandatory, friends. Then the bank still has the flexibility to implement its credit distribution strategy in accordance with the risk appetite and risk tolerance of each bank," he said.
He also emphasized the importance of good risk management in the banking industry and one of the focuses of the revision of the RBB is to support the financing of people's housing programs which are considered to have business potential for banks in the distribution of credit.
"So, friends, we actually see various priority programs that are launched by the government. This is actually a business potential that can be utilized by banks, for example the people's housing program, right. It can indeed be very useful for banks in distributing credit," he concluded.
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