BI

OJK: Indonesia’s Banking Loans Reach Rp9.135 Trillion in July 2026

JAKARTA, JakartaWeekly.com–The Financial Services Authority (OJK) recorded several developments in Indonesia’s digital financial services sector as of July 2026. Banking loans reached Rp9.135 trillion, growing 13.58% year-on-year (yoy), supported by strong capitalization, with the banking industry’s Capital Adequacy Ratio (CAR) standing at 23.84%. Meanwhile, outstanding online lending reached Rp105.63 trillion, a sevenfold increase from 2020. […]

JCI Opens Lower, Market Awaits BI’s Response to Rupiah Pressure & Global Liquidit

JAKARTA, Jakartaweekly.com–The Jakarta Composite Index (JCI), or IHSG, opened lower at the start of the week on Monday, September 21, 2026. At 10:12 a.m. local time, the JCI was down 0.38% at 6,415.40. Senior Market Analyst at Mirae Asset Sekuritas Nafan Aji Gusta explained that the main market sentiment is being driven by the direction […]

Destry Damayanti, from Economist to Indonesia’s First Female BI Governor

JAKARTA, Jakartaweekly.com—Indonesia’s House of Representatives (DPR RI) has approved President Prabowo’s nomination of Destry Damayanti as the sole candidate for Governor of Bank Indonesia (BI). Destry underwent a fit and proper test with DPR’s Commission XI on Wednesday, August 26, 2026.  Commission XI Chairman Mukhamad Misbakhun announced the results of the deliberations on Thursday, August […]