meta_id 3294205

On June 30, 2026, Bank Indonesia issued Regulation of Governing Board Members Number 18 of 2026 (PADG 18/2026), which amends the macroprudential intermediation ratio (RIM) and macroprudential liquidity buffer (PLM) requirements for conventional commercial banks, Islamic banks, and Islamic business units. The regulation takes effect on July 1, 2026. The amendment strengthens Bank Indonesia's macroprudential policy framework to support financial system stability and sustainable economic growth. It expands the scope of securities eligible for RIM calculations by including additional corporate securities held by banks and securities issued by banks, as determined by Bank Indonesia. The regulation permits securities to be offered through public offerings and private placements. Bank Indonesia adjusted data sources for securities calculations to include securities reports and LBUT (Laporan Berkala Utama) positions from two reporting periods prior, submitted monthly to Bank Indonesia. The regulation clarifies that financing received by Islamic banks and Islamic business units in rupiah and foreign currency—including mudharabah profit-sharing arrangements and other Islamic financing structures—qualifies as funding sources. Notably, corporate securities involved in interbank repurchase transactions are no longer recognized in RIM calculations. The regulation updates Annexes I, III, IV, V, and VI of the original framework. The changes apply to all conventional commercial banks, Islamic banks, and Islamic business units operating in Indonesia. These amendments represent Bank Indonesia's continued refinement of macroprudential instruments to optimize funding sources beyond customer deposits and enhance financing activities beyond traditional credit distribution. Banks must ensure compliance with the new requirements effective July 1, 2026. Additional guidance and frequently asked questions are available through Bank Indonesia's official documentation.