December 2, 2025 | 11:03 am
TEMPO.CO, Jakarta - Governor of Bank Indonesia (BI) Perry Warjiyo stated that the institution will gather entrepreneurs and the banking sector in a forum to discuss credit. This is done to find solutions in boosting credit demand.
Perry mentioned that BI will organize more seminars, talk shows, and focus group discussions next year to discuss how to encourage credit and demand. "We will gather participants from the banking sector, entrepreneurs, various groups, to find out what the problems are on the banking side, what the problems are in the real sector," Perry said during the BI Talkshow with the Community event at the Bank Indonesia office in Jakarta on Monday, December 1, 2025.
Credit growth in October was at 7.36 percent, down from the previous month's 7.7 percent. Meanwhile, undisbursed loans in October reached Rp 2,450.7 trillion, accounting for 22.97 percent of the available credit ceiling.
Perry also urged banks to lower the special rate for deposit interest, which is still too high. The one-month deposit interest rate only decreased by 56 bps from 4.81 percent in early 2025 to 4.25 percent in October 2025.
In addition, bank lending interest rates dropped by 20 bps from 9.20 percent in early 2025 to 9.00 percent in October 2025. Meanwhile, BI has lowered its benchmark interest rate by 125 basis points throughout 2025 to the level of 4.75 percent.
BI aims for credit growth above 10 percent, or in the range of 8-12 percent in 2026. "BI will go all out, what can BI do to support the increase in credit, to bring the real sector in, including my coordination with the Minister of Finance to push for faster fiscal measures," Perry said.
Meanwhile, the Chairperson of the Indonesian Employers Association (Apindo), Shinta Kamdani, stated that the uneven strength of credit demand is caused by several reasons. First, businesses currently implement a more disciplined and calibrated financing strategy due to the relatively high loan interest rates. Second, the business world is still being cautious due to uncertainty in demand prospects.
Apindo sees credit growth until the end of the year moving moderately. "Especially because businesses tend to wait for stronger catalysts, both in terms of interest rate cuts and the consolidation of domestic demand," said Shinta to Tempo, quoted on Wednesday, November 26, 2025.
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