Three of Indonesia’s largest state-owned banks − PT Bank Syariah Indonesia (BSI), PT Bank Negara Indonesia (BNI), and PT Bank Mandiri − have expressed support for the government’s decision to place Rp200 trillion (US$12.1 billion) in five national banks as the policy is expected to bolster banking liquidity and encourage greater lending to real sector.
BNI Corporate Secretary, Okki Rushartomo, said the fund placement provides additional liquidity space, enabling banks to optimize financing.
“BNI welcomes every government policy aimed at strengthening national economic growth. The placement of funds in banks will certainly add liquidity room and serve as a positive stimulus to support financing in the real sector,” he said as quoted in a statement on Friday, September 12, 2025.
Okki emphasized that BNI remains committed to channeling credit responsibly and productively in line with government priorities.
Meanwhile, BSI Corporate Secretary Wisnu Sunandar stressed that the placement will help ease liquidity pressures amid tight market conditions.
“We appreciate the government’s plan through the Ministry of Finance to place funds in banks. This will strengthen liquidity in a very tight market,” he said.
Wisnu added that BSI will channel the funds to society through financing programs, especially those aligned with government initiatives such as subsidized housing, the Village/Urban Cooperative Merah Putih program, and the Free Nutritious Meals program. He noted that BSI’s performance remains solid, with double-digit financing growth as of May 2025.
Corporate Secretary of Bank Mandiri, M. Ashidiq Iswara (Ossy), also reaffirmed support for the government’s move.
“This measure has the potential to strengthen third-party funds (DPK) while also driving greater credit distribution,” he said.
According to Bank Mandiri’s economic research team, the fund placement will improve liquidity, smoothen monetary policy transmission, and optimize money circulation in the economy.
Finance Minister Purbaya Yudhi Sadewa previously said that the Rp200 trillion originated from government cash reserves previously held at the Indonesian Central Bank (BI). The funds will now be distributed to five state banks: BRI, BNI, and Bank Mandiri (Rp55 trillion each), BTN (Rp25 trillion), and BSI (Rp10 trillion).
“President Prabowo Subianto has approved the plan to withdraw government funds from BI and place them in national banks,” Purbaya said at a press conference at the Presidential Palace on Wednesday, September 10, 2025.
He assured that the fund allocation will strengthen banking intermediation and support productive sectors prioritized by the government.
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