Speaking after a press briefing at the Presidential Office, Sadewa explained that the funds are immediately accessible once cooperatives are ready to distribute them—now with lower interest rates for participating banks.
“If the funds are used for Red and White Cooperatives, the interest charged to banks will automatically drop to 2 percent from the previous 4 percent. This means there will be no additional cost burden for state-owned Himbara banks,” he said.
The policy is designed to ease financial pressure on banks and remove barriers that previously slowed disbursement.
Sadewa emphasized the government’s commitment to accelerating fund distribution so cooperatives can begin utilizing the resources without delay.
“We’re pushing ahead—speeding things up,” he affirmed.
The Rp200 trillion fund has been placed in five state-owned banks to strengthen liquidity in the banking sector.
These include Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Bank Mandiri, Bank Tabungan Negara (BTN), and Bank Syariah Indonesia (BSI).
The fund placement is governed by Finance Minister Decree (KMK) No. 276 of 2025, signed by Minister Sadewa and effective as of Friday, September 12.
Under the regulation, each bank is required to submit monthly usage reports to the Minister through the Director General of Treasury, Astera Primanto Bhakti.
Fund allocations vary by institution: BRI, BNI, and Bank Mandiri each received Rp55 trillion; BTN was allocated Rp25 trillion; and BSI received Rp10 trillion.
Translator: Andi, Genta, Kenzu
Editor: Aditya Eko Sigit Wicaksono
Copyright © ANTARA 2025
