TEMPO.CO, Jakarta - The Financial Services Authority (OJK) expressed confidence that the merger of eight rural banks into PT BPR Pusaka Dana will successfully bolster their capital structure and market competitiveness.
The eight rural banks involved in the consolidation are PT BPR Lambang Ganda, PT BPR Tutur Ganda, PT BPR Sungkunandhana, PT BPR Persada Ganda, PT BPR Ihuthan Ganda, PT BPR Sapadhana, PT BPR Padat Ganda, and PT BPR Ulintha Ganda.
OJK Banten Head Adi Dharma stated that this corporate action implements OJK Regulation No. 7/2024 regarding Rural Banks (BPR) and Sharia Rural Banks (BPRS), serving as a strategic move to shore up industry resilience through institutional consolidation.
Following the issuance of the OJK Board of Commissioners Decree No. KEP-48/D.03/2026 dated July 1, 2026, the business licenses of the eight rural banks have been declared invalid. All assets, liabilities, rights, and operational activities have been fully transferred to PT BPR Pusaka Dana, which is headquartered in Ciputat, South Tangerang, Banten.
Additionally, OJK approved converting the branch office status of all these rural banks to become integral parts of the newly merged entity.
Adi noted, "The merger of these eight rural banks into PT BPR Pusaka Dana is a concrete step toward strengthening the BPR industry structure, which is expected to boost capital capacity, expand service networks, and improve operational efficiency," as quoted by Antara on Thursday, July 9, 2026.
He added that the consolidation also aims to sharpen the banks' competitive edge in delivering quality services to the public and micro, small, and medium enterprises (MSMEs).
According to Adi, the success of the integration process is measured not just by completing administrative hurdles, but by the banks' ability to implement sound corporate governance, tighten risk management, and maintain public trust through professional services.
"OJK will continue to monitor the post-merger integration process to ensure that the goal of building healthier, stronger, more efficient, and highly competitive rural banks is achieved," he added.
Adi revealed that the bank consolidation aligns with the Roadmap for the Development and Strengthening of the BPR-BPRS Industry for 2024-2027. PT BPR Pusaka Dana now officially boasts an expanded operational footprint with offices spanning Banten, West Java, Central Java, and East Java, aiming to accelerate financial inclusion across regional communities.
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