MoF Places IDR381T at State-Owned Banks, Mostly Until Year-End

JAKARTA, DDTCNews - The Ministry of Finance (MoF) has decided to place funds worth IDR381 trillion at state-owned banks.

Deputy Minister of Finance, Juda Agung, said the government funds placed with banks comprise IDR281 trillion with a tenor until the end of December 2026 and an additional IDR100 trillion.

"There is an additional IDR100 trillion as a stand-by if needed. Banks do still require liquidity to extend loans," said Juda, Monday (29/6/2026).

Juda said credit demand remains relatively high. This is reflected in credit growth in May 2026, which reached 11.5%.

"We hope credit growth will also remain double-digit in the coming months. Therefore, liquidity must truly be maintained within the banking sector," said Juda.

On another note, Minister of Finance Purbaya, Yudhi Sadewa, had previously stated that the placement of government funds in the form of a budgetary surplus balance (saldo anggaran lebih/SAL in Indonesian) at national banks aims to strengthen bank liquidity and loan distribution.

The placement of the budgetary surplus balance at state-owned banks is conducted with varying and flexible tenors to maintain the effectiveness of state treasury management and fulfil the liquidity requirements of banks.

"This measure is also in line with the directive of President Prabowo Subianto to ensure that all fiscal policy instruments can support the acceleration of national economic growth," said Purbaya.

On account of the additional liquidity, Purbaya requested national banks to continue extending loans to the productive sector and micro, small and medium enterprises (MSMEs).

"The government will continue to monitor and evaluate the implementation of this policy to ensure its effectiveness in supporting economic stability, strengthening the financial sector and promoting sustainable and inclusive economic growth," said Purbaya. (dik)