OJK Revokes Licenses of 7 Rural Banks in 2025

Addressing Fraud and Poor Governance

The Financial Services Authority (OJK) has revoked the licenses of seven rural banks (BPR and BPRS) in 2025. The decision was made due to the banks' poor governance, fraud, and capital issues. According to Dian Ediana Rae, OJK's Head of Banking Supervision, the revoked banks had experienced significant financial and operational problems.

Reasons Behind License Revocation

The OJK's decision to revoke the licenses was based on the banks' failure to maintain adequate capital and their poor performance due to fraud. The authority emphasized that the move was part of its efforts to ensure a healthy financial industry and prevent prolonged issues within the national financial system.

List of Affected Banks

1. BPR Bumi Pendawa Raharja, located in Cianjur, West Java
2. BPR Nagajayaraya Sentrasentosa, located in Nganjuk, East Java
3. BPR Artha Kramat, located in Tegal, Central Java
4. BPR Syariah Gayo Perseroda, located in Takengon, Aceh
5. BPRS Gebu Prima, located in Medan, North Sumatra
6. BPR Dwicahaya Nusaperkasa, located in Batu, East Java
7. BPR Disky Surya Jaya, located in Deli Serdang, North Sumatra

Impact and Future Measures

The OJK's action demonstrates its commitment to maintaining the integrity of Indonesia's financial sector. By revoking the licenses of underperforming and fraudulent banks, the authority aims to protect consumers and enhance financial stability. This move is expected to have a positive impact on the overall health of the banking industry.