Banking - OJK prepares RBB regulation revisions

Banking - OJK prepares RBB regulation revisions The Financial Services Authority (OJK) recently revealed that it is preparing a revision of the Bank Business Plan (RBB) regulations. OJK will later encourage banks to channel credit to the government's strategic programs. The Chairman of the OJK Board of Commissioners, Friderica Widyasari Dewi, stated that the adjustment of the regulations will later be outlined in the Draft OJK Regulation (RPOJK). This RPOJK will mobilize the distribution of bank credit to align with the national strategic agenda. Until January 2026, the OJK recorded that the financial sector had disbursed a total of IDR177.38 tn in financing for the three programs. In detail, until January 2026, the financing realization for the MBG program reached IDR1.21 tn, which was distributed to 1,373 nutrition fulfillment service units (SPPG). Meanwhile, for the KDKMP program, the financing realization reached IDR174.73 tn or about 83.20% of the set target. Then, for the 3 mn Houses Program aimed at low-income communities (MBR), the financing realization reached Rp 1.44 trillion for around 11,468 housing units, equivalent to 3.28% of the national target. "We not only maintain the stability of our financial system, but also ensure that this financial services sector can contribute to the achievement of government priority programs and national economic growth," said Friderica. (Source : Kontan)