Meanwhile, for Rural Banks (BPR) and Sharia Rural Banks (BPRS), the number of insured accounts reached 15,536,549, equivalent to 99.97 percent of total BPR/BPRS accounts during the same period.
“LPS continues to maintain a high deposit insurance coverage as a foundation of public trust in the financial sector while also supporting a stable environment for economic recovery,” LPS Chairman Purbaya Yudhi Sadewa stated at a Financial System Stability Committee (KSSK) press conference in Jakarta, as quoted on Tuesday.
Since the start of the year, two BPRs had their licenses revoked by the Financial Services Authority (OJK): PT BPRS Gebu Prima in Medan, North Sumatra, on April 17, 2025, and PT BPR Dwicahaya Nusaperkasa in Batu City, East Java, on July 24, 2025.
Regarding deposit insurance claims, Purbaya stated that LPS has disbursed Rp28 billion in claims to BPRS Gebu Prima customers. This amount represents around 70 percent of the total deposits held at the bank, which totaled Rp39 billion.
For PT BPR Dwicahaya Nusaperkasa, LPS is set to begin insurance payments this week following the license revocation last week. Customer deposits recorded on the bank’s balance sheet amount to approximately Rp30 billion.
The current deposit insurance interest rates (TBP), effective from June 1, 2025, are 4.00 percent for rupiah deposits in commercial banks and 6.50 percent for deposits in BPRs.
LPS reduced the TBP for commercial banks and BPRs by 25 basis points during the regular review in May 2025. Meanwhile, the TBP for foreign currency deposits in commercial banks remained unchanged at 2.25 percent.
These adjustments were made in line with Bank Indonesia’s interest rate cuts, including the most recent 25 basis point reduction in July 2025, which brought the BI-Rate to 5.25 percent.
With this latest easing of the monetary policy, Bank Indonesia has lowered the BI-Rate three times this year—in January, May, and July—by a total of 75 basis points.
LPS emphasized that the TBP remains subject to adjustment at any time in response to significant changes in market interest rates, banking conditions, or the broader economy.
“We will continue to monitor the deposit insurance coverage and evaluate TBP to ensure alignment with interest rate trends, banking sector liquidity, and national economic developments,” Purbaya remarked.
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Translator: Primayanti
Editor: Azis Kurmala
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