Financial System Stability in Q3-2023 was maintained amidst increasing uncertainties in the global economy and financial markets. This development was supported by resilient domestic economic conditions and financial systems as well as stronger coordination and synergy under the Financial System Stability Committee (KSSK).

Jakarta, 30 October 2023. The Indonesian Financial Services Authority (OJK) Board of Commissioners’ monthly meeting on 25 October 2023 assessed that the national financial services sector was stable, supported by strong capital, adequate liquidity, and maintained risk profile, increasing optimism that the sector was able to mitigate the risks of increased global uncertainties, i.e., higher-for-longer global interest rates and increasing geopolitical tensions.

Jakarta, 9th October 2023 The Indonesian Financial Services Authority (OJK) Board of Commissioners’ monthly meeting on 27 September 2023 assessed that the stability of the national financial services sector was maintained, supported by solid capital, ample liquidity and sound risk profile, thus increasing optimism that the financial services sector can effectively mitigate the risk of higher for longer global interest rates.