Bank Indonesia reported that new credit distribution continued to grow in the first quarter of 2026, although at a slower pace compared to the fourth quarter of 2025 (24/04).

This condition is reflected in the Weighted Net Balance (SBT) of 38.74% in Q1 2026, consistent with its historical pattern.

Consumer Loans Become Main Driver of Credit Distribution

The survey shows that credit growth in the first quarter of 2026 was mainly driven by consumer loans.

This segment became the primary contributor to overall lending expansion during the period.

Bank Indonesia indicated that lending standards in Q1 2026 were more cautious compared to the previous quarter.

This is reflected in a positive Lending Standard Index (ILS) of 0.15, particularly in aspects such as loan maturity and administrative requirements.

Credit Distribution Expected to Increase in Q2 2026

In the second quarter of 2026, new credit distribution is expected to increase.

This projection is reflected in an SBT of 96.65%, while lending standards are expected to become more relaxed, indicated by a negative ILS of 2.88.

Respondents expect outstanding credit to continue growing until the end of 2026.

This outlook is supported by positive economic and monetary conditions, as well as maintained risks in credit distribution.

PHOTO: FREEPIK

This article was created with AI assistance.

We make every effort to ensure the accuracy of our content, some information may be incorrect or outdated. Please let us know of any corrections at [email protected].