OJK Says Banks in Indonesia Remain Safe Amid Global Instability

RRI.CO.ID, Jakarta – The global financial situation is currently unstable due to international conflicts and rising oil prices. However, the Financial Services Authority (OJK) has stated that the Indonesian public need not panic about the safety of their money in domestic banks.

According to a press release issued on Friday, May 22, 2026, the Financial Services Authority confirmed that citizens’ savings and banking operations remain normal. Consumer purchasing power is also supported by domestic inflation rates that remain under control.

Public savings, or Third-Party Funds (DPK), have continued to rise. As of April 2026, the number of savings accounts in Indonesia has surpassed 667 million.

Most Indonesians still choose to keep their money in Rupiah. However, recently, savings in foreign currency have also increased.

“Since early 2026, we have observed an increase in the share of foreign currency deposits relative to total deposits. However, this increase remains within reasonable limits, so the share of foreign currency deposits relative to total deposits has remained relatively stable to date, hovering between 15 percent and 16 percent,” Chief Executive of Banking Supervision at the OJK, Dian Ediana Rae explained.

Dian emphasized that the rise in dollar savings has not disrupted the stability of the rupiah. Banks are intentionally offering greater benefits to exporters who keep their funds domestically.

Authorities also guarantee that banks hold sufficient cash reserves to serve customers. Banks’ ability to extend credit and provide foreign exchange services is assured to remain secure.

The government is now closely monitoring the impact of rising prices of imported goods due to global conflicts. This strict oversight is being conducted to ensure the public remains calm in carrying out their daily economic activities.