Indonesia’s Financial Services Authority (OJK) recorded national banking credit growth of 9.96% year-on-year (YoY) in January 2026, with a total value reaching Rp8,557 trillion.
This figure is higher compared to the previous month’s growth of 9.63%. The growth serves as an indicator that banking intermediation and Indonesia’s capital market are showing resilient performance.
Dian Ediana Rae, Chief Executive of Banking Supervision at OJK, announced the details of national credit growth based on its usage during a press conference on the results of the monthly Board of Commissioners Meeting in Jakarta, Tuesday, March 3, 2026.
“Banking intermediation performance grew positively with a maintained risk profile and liquidity at an adequate level. In January 2026, credit grew by 9.96% YoY,” said Dian.
In terms of composition, investment credit growth was the main driver, rising 22.38% YoY, followed by consumer credit at 6.58%, and working capital credit at 4.13%.
Increase in New Investors
OJK also announced a surge in the number of investors in Indonesia’s capital market.
There were 1.8 million new investors added in just one month, bringing the total to 22.88 million people (up 12.34% since the beginning of the year). In addition, mutual fund assets under management also rose 1.11% in a month to Rp1,115.71 trillion.
This shows that more people are trusting and becoming interested in the domestic financial market. OJK emphasized that although global challenges remain, the foundation of Indonesia’s financial services sector is considered strong enough to support national economic growth throughout 2026.
Law enforcement and strengthening industry integrity remain OJK’s focus to increase public trust while protecting consumers. Throughout January–February 2026, OJK blocked 2,455 illegal online loans and fraudulent investments.
“Integrity and stability of the financial system are top priorities to support sustainable national economic growth,” OJK stated in its report.
