OJK Reports Increase in Multifinance Bad Debt Post-Sumatra Disaster

Rising Non-Performing Loans in Affected Regions

The Financial Services Authority (OJK) has released an update on the condition of multifinance bad debt in Sumatra following the recent natural disasters. Agusman, Head of Executive Supervisor for Financial Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Services at OJK, reported that as of November 2025, non-performing multifinance loans in the disaster-affected areas have shown an increase.

Key Statistics and Regional Impact

The data indicates a 0.60% month-to-month (MtM) increase, equivalent to Rp 4.78 billion, bringing the total non-performing multifinance loans to Rp 807.70 billion. The affected regions primarily include Aceh, North Sumatra, and West Sumatra. This rise in bad debt highlights the financial strain caused by the natural disasters in these areas.

OJK's Response and Monitoring

The OJK continues to monitor the situation closely, assessing the impact on the multifinance sector and the overall financial stability in the affected regions. The authority is likely to implement measures to mitigate the risks associated with the rising non-performing loans.