Economy Minister Airlangga Hartarto and Investment Minister Rosan Roeslani urged state-owned banks not to rush in raising lending rates after Bank Indonesia lifted the benchmark rate to 5.75 percent.
Bank Indonesia raised the benchmark BI Rate by 25 basis points to 5.75 percent at its Board of Governors meeting on June 17-18, 2026. Governor Perry Warjiyo said the move aims to strengthen the rupiah and keep inflation within the 2.5±1 percent target.
Airlangga Hartarto said the government wants credit distribution to continue normally despite the monetary transmission. “It is hoped that Himbara will not be too quick to raise rates either,” he told reporters at the Presidential Palace complex on Thursday, June 18, 2026.
Rosan Roeslani stressed that banks must improve efficiency and productivity to maintain intermediation. He noted average credit growth of 15 percent and Himbara non-performing loan ratios between 0.9 and 1.8 percent over the past year.
