Ojk restructures rp17.4 trillion in credit for sumatra disaster victims

The Financial Services Authority has restructured Rp17.4 trillion in credit for around 279,000 customer accounts hit by disasters in three Sumatra provinces as of March 2026.

OJK Chairman Friderica Widyasari Dewi announced the figures during a press conference of the Financial System Stability Committee in Jakarta on Thursday. The amount rose from Rp16.3 trillion in February.

The policy runs for three years from its designation on December 10, 2025. It refers to OJK Regulation Number 19 of 2022 on special treatment for financial service institutions in disaster-affected areas and sectors.

Friderica also reported that banking intermediation performance remained positive. Bank credit grew 9.49 percent year-on-year to Rp8,659 trillion as of March 2026, with a gross Non-Performing Loan ratio of 2.1 percent.

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Friderica Widyasari announced as new OJK commissioner board chair at DPR press conference in Jakarta.
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Indonesia's House Commission XI announced five candidates for OJK commissioner board positions for 2026-2031 who passed the fit and proper test, including Friderica Widyasari as chair. The announcement followed the examination of 10 candidates on March 11, 2026, in Jakarta. The names will be discussed in a DPR plenary session on March 12.

Indonesia's Financial Services Authority (OJK) plans a special policy to revise the Financial Services Information System (SLIK) to support the 3 million houses program for low-income people. OJK Commissioner Chair Friderica Widyasari Dewi said they will set a credit information threshold and speed up data updates. The policy is expected to be announced next week.

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