LPS Prepares IDR 1 Trillion Budget To Guarantee Customer Funds

JAKARTA - Chairman of the Board of Commissioners of the Deposit Insurance Corporation (LPS) Purbaya Yudhi Sadive said that his party had prepared funds of Rp. 1 trillion in 2024 to pay the claim for deposit guarantee from Bank Perekonomain Rakyat (BPR) which failed or revoked its business license.

"We are preparing for this year's budget of more than IDR 1 trillion," he said after the LPS Morning Talk, Tuesday, December 17.

However, Purbaya emphasized that the party had more budget for the payment of deposit guarantee claims of IDR 240 trillion.

"Even if our funds are lacking, there are still a lot of Rp. 240 trillion, so there is no need to be afraid," he said.

Therefore, Purbaya emphasized that customers do not need to worry about keeping their funds in the bank because LPS has guaranteed customer deposits in the event of a bank failure.

BPR is really safe, guaranteed. The mechanism for disbursement is normal, if banks go bankrupt, our team will definitely go there. When the business license is revoked, we will announce to customers that they can start taking funds from the bank shown by LPS," he explained.

Purbaya conveyed that the disbursement of community funds that met the 3T criteria was recorded, interest rates were not too high, and did not cause bank losses.

"Public funds that are indeed worth paying, which meet 3T. It is recorded that interest rates are not too high, and do not cause banks to go bankrupt and immediately transfer or the person can come directly to the bank and the information will be placed at the LPS homepage," he said.

As for 2024, there have been 19 BPRs whose business licenses have been revoked. The following is a list of failed banks this year:

1. Mojo Artho BPRS Mojokerto City (Perseroda)

2. BPR Wijaya Kusuma

3. BPR Bhakti Sidoarjo Market

4. BPR Madani Karya Mulia Business

5. BPR Purworejo

6. BPR EDC Cash

7. North Aceh BPR

8. BPR Nine Mutiara

9. BPR Bali Artha Anugrah

10. BPRS Saka Dana Mulia

11. BPR Dananta

12. BPR Bank Jepara Artha

13. BPR Lubuk Raya Mandiri

14. BPR Sumber Artha Waru Agung

15. BPR Nature Primadana Capital

16. BPRS Juang City (Perseroda)

17. BPR Duta Niaga

18. BPR Pakan Rabaa

19. BPR Kencana