February 20, 2025 | 11:45 am
TEMPO.CO, Jakarta - Bank Indonesia (BI) has distributed macro prudential liquidity policy incentives (KLM) amounting to Rp295 trillion until the second week of February 2025.
BI Governor Perry Warjiyo stated that the amount has increased by Rp36 trillion compared to the end of October 2024.
KLM is an incentive distributed by BI to banks that provide credit or financing to various important sectors to drive economic growth. Bank Indonesia noted that the largest portion was distributed to private banks.
"National Private Commercial Banks (BUSN) received Rp131.9 trillion," he said during a press conference announcing the results of the BI Board of Governors Meeting on Wednesday, February 19, 2025.
In addition, liquidity incentives for State-Owned Enterprises (BUMN) banks were distributed amounting to Rp129.2 trillion. Then, Regional Development Banks (BPD) received Rp28.7 trillion, and foreign bank branch offices (KCBA) received Rp4.9 trillion.
Bank Indonesia continues to strengthen coordination with the government to support the success of programs in Asta Cita through the enhancement of liquidity incentive policies.
"To drive credit growth and banking financing in priority sectors including the housing and agriculture sectors," he said.
He added that the banking resilience remains strong with adequate liquidity. This can be seen from the high Liquid Assets to Third Party Funds (AL/DPK) ratio in January 2025, which is 26.03 percent.
KLM focuses on boosting banking credit to stimulate growth and job creation. Incentives have been directed toward sectors that drive economic expansion and employment, including agriculture, trade, manufacturing, transportation, warehousing, tourism, the creative economy, construction, real estate, affordable housing, and SMEs.
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