Indonesian Banking Sector Sees Robust Third-Party Fund Growth

Significant DPK Increase in 2025

The Indonesian banking sector recorded a significant 11.18% year-on-year growth in third-party funds (DPK) to Rp 9,695 trillion by September 2025, according to the Financial Services Authority (OJK). This growth represents an acceleration from the 8.51% YoY recorded in August 2025, indicating continued confidence in the banking system.

Varied Performance Across Deposit Types

While overall DPK growth was robust, different components showed varying trends. Demand deposits (giro) recorded 13.7% YoY growth to Rp 2,874 trillion by September 2025, though this represented a slowdown from the 14.3% YoY growth observed in August. In contrast, both savings and time deposits showed accelerating growth during the same period. Savings deposits grew at 6.4% YoY in September, up from 5.5% YoY in August, while time deposits increased to 5.8% YoY from 5.4% YoY during the same period.

Market Implications

The growth in DPK reflects the banking sector's ability to attract funds despite economic challenges. The slower growth in demand deposits alongside increasing savings and time deposits suggests a shift in depositor behavior towards longer-term placements. This trend may have implications for banks' liquidity management and lending capabilities in the coming months.