Himbara Absorbs Rp 167.6 Trillion from Government’s Rp 200 Trillion Fund Placement

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JAKARTA, Investortrust.id — The Ministry of Finance reports that Indonesia’s state-owned banks have absorbed Rp 167.6 trillion, or 84 percent, of the Rp 200 trillion government fund placement as of Oct. 22, 2025, in a bid to boost credit growth and support the real economy.

Director General of Economic and Fiscal Strategy at the ministry, Febrio Nathan Kacaribu, said that Bank Rakyat Indonesia (BRI) and Bank Mandiri have fully utilized their allocations, each amounting to Rp 55 trillion, while other state banks are still catching up.

“BRI and Mandiri have disbursed 100 percent of the funds and are even asking for more. But BNI and BTN are still below that level,” Febrio said during the Investortrust Economic Outlook 2026 seminar in Jakarta on Wednesday, Nov. 5, 2025.

According to Febrio, Bank Negara Indonesia (BNI) has distributed Rp 37.4 trillion, or 68 percent of its allocation, while Bank Tabungan Negara (BTN) has reached Rp 10.3 trillion, or 41 percent. Meanwhile, Bank Syariah Indonesia (BSI) has achieved 99 percent utilization with Rp 9.9 trillion disbursed.

He added that the government would evaluate each bank’s absorption rate but would not impose penalties for slower distribution, as the fund placement was not structured as a loan agreement.

“There are no direct consequences for banks that have not reached full absorption because this is not a lending contract. However, given the low interest rate, banks are naturally incentivized to channel the funds productively,” Febrio explained.

He emphasized that the government’s goal is not merely to park idle funds but to ensure the liquidity benefits are passed on to businesses and households through affordable lending.

“This fund placement is not just about moving government cash. It’s about allowing banks to access cheaper funding so they can extend more loans to the real sector,” Febrio said in a previous statement.