Bank Indonesia (BI) has disbursed the Macroprudential Liquidity Incentive Policy (KLM) incentive of IDR 418.1 trillion to banks until the first week of June 2026.
Governor of BI Perry Warjiyo said that the incentive consisted of lending channels amounting to Rp355.6 trillion and interest rate channels amounting to Rp62.5 trillion.
"Until the first week of June 2026, the KLM incentives obtained by the bank were recorded at Rp. 418.1 trillion," said Perry in a press conference following the BI Board of Governors (RDG) Meeting in Jakarta, Thursday.
Based on the group of banks, the largest KLM distribution was received by state-owned banks of Rp209.6 trillion, followed by national private commercial banks (BUSN) of Rp169.9 trillion, regional development banks (BPD) of Rp30.8 trillion, and foreign bank branches (KCBA) of Rp7.8 trillion.
Sectorally, the incentives are channeled to support priority sectors, including agriculture, industry and downstream, services including creative economy, construction, real estate and housing, as well as MSMEs, cooperatives, inclusion, and sustainable financing.
"In the future, Bank Indonesia continues to strengthen the implementation of accommodative macroprudential policies, including through the strengthening of the Macroprudential Intermediation Ratio (RIM), KLM, and Bank Foreign Funding Ratio (RPLN) policies to continue to support the distribution of credit/bank financing," said Perry.
In addition, the central bank will strengthen the KLM by providing incentives for banks that increase non-credit financing and non-third-party funding (DPK), as well as implementing credit interest rates in line with the central bank's policy.
"Coordination with the Government and KSSK continues to be strengthened to improve the interest rate structure and encourage credit/bank financing growth," said Perry.
On the other hand, the growth of banking credit continues to show a positive trend.
In May 2026, bank credit grew 11.51 percent year-on-year (yoy), up from April 2026 which grew 9.98 percent. This growth was supported by investment credit which increased 21.95 percent, working capital credit 8.09 percent, and consumer credit 5.89 percent.
"Bank Indonesia estimates that credit growth in 2026 will remain at around 8-12 percent," added Perry Warjiyo.
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