OJK Revokes BPR Bumi Pendawa Raharja's Operating License

Financial Distress Leads to Regulatory Action

The Financial Services Authority (OJK) has officially revoked the operating license of PT Bank Perekonomian Rakyat (BPR) Bumi Pendawa Raharja, located in Cianjur, West Java. This decision was made through the Decree of the OJK Commissioner Board Member No. KEP-88/D.03/2025 dated December 15, 2025 ¹

History of Supervisory Actions

The revocation follows a series of supervisory actions taken by OJK. On March 26, 2025, OJK placed BPR Bumi Pendawa Raharja under special surveillance status due to its Capital Adequacy Ratio (CAR) falling below 12%, average Cash Ratio (CR) below 5% over three months, and an overall health rating of 'Unhealthy' ²

Failed Recovery Attempts

Despite being given sufficient time to rectify its financial condition, the bank's management and shareholders failed to implement necessary improvements. Consequently, on November 26, 2025, OJK placed the bank under Bank Resolution Status, as per OJK Regulation No. 28/2023 ²

Liquidation Process

Following the license revocation, the Indonesia Deposit Insurance Corporation (LPS) will handle the deposit insurance claims and proceed with the liquidation process according to Law No. 24/2004 and Law No. 4/2023 ²

Impact and Assurance

OJK has assured the public that depositors' funds remain protected under LPS guarantees. The authority urges customers of BPR Bumi Pendawa Raharja to remain calm as the liquidation process unfolds ¹