February 24, 2026 | 08:07 pm
TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa confirmed the government will synchronize its strategy for placing Rp200 trillion in bank funds with Bank Indonesia (BI) policy.
"We will adjust our strategy in accordance with the central bank's strategy," Purbaya told reporters at the Ministry of Finance in Jakarta on Tuesday, February 24, as quoted by Antara.
He assured that the Surplus Budget (SAL) totaling Rp200 trillion will remain in the banking system for at least another six months. "Banks don’t need to worry about it being withdrawn," he said.
While there are currently no plans to increase the injection, the Minister did not rule out the possibility of further placements in the future. "The important thing is that I monitor the money in the banking system and I ensure liquidity is sufficient to drive the economy toward higher growth," he noted.
The extension keeps the Rp200 trillion placement active through September 2026. The funds, originally set to mature on March 13, 2026, will be rolled over for another six months with a fresh policy evaluation scheduled for September.
Purbaya explained that since the initial placement phase began in September 2025, the policy has successfully nudged down both deposit and loan interest rates. Rates for six-month deposits slid to 4.73 percent in January 2026 from 5.03 percent in November, while three-month tenors dipped slightly to 4.68 percent from 4.71 percent.
"The loan interest rate has decreased to 8.80 percent as of January 2026, compared to 9.20 percent in January last year," Purbaya added.
Complementing this trend, credit growth was recorded at 9.96 percent annually (yoy) in January 2026. Third-party fund (DPK) growth reached 13.5 percent, while base money (M0) growth stood at 11.7 percent as of February.
Previously, the government channeled a total of Rp276 trillion from the SAL to five state-owned banks (Himbara) and one regional development bank (BPD).
Under the breakdown, Bank Mandiri, BRI, and BNI each received Rp80 trillion, followed by BTN with Rp25 trillion, BSI with Rp10 trillion, and Bank DKI with Rp1 trillion. From that total, Rp75 trillion was eventually withdrawn to fund central and regional government expenditures.
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