maaf email atau password anda salah

Other Tempo Media
Majalah Tempo
Koran Tempo
Tempo.co
Subscribe

Double Burden Weighs on State-Owned Banks in Prabowo’s Era

Monday, November 3, 2025

The government’s Rp200 trillion fund placed in state-owned banks is nearly exhausted for business loans. Yet distribution to red-and-white village cooperatives remains minimal.

arsip tempo : 177661980031.

A customer conducts a financial transaction at the BNI Agen46 counter of the Red- and-White Subdistrict Cooperative (KKMP) Jatimakmur, Bekasi, West Java, on October 29, 2025. Antara/Asprilla Dwi Adha. tempo : 177661980031.

A MONTH has passed since Finance Minister Purbaya Yudhi Sadewa moved Rp200 trillion (about US$12 billion) of government funds from Bank Indonesia’s account to state-owned banks, or the State-Owned Banks Association (Himbara). The minister claimed the funds have nearly all been distributed as loans to the business sector. However, very little has flowed to the red-and-white village cooperatives. “It’s not on my end, it&rsq

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 750.000/12 months

  • *Flexible payment methods
  • *Unlimited access to Tempo Plus & Tempo Magz
Subscribe

Rp 386.280/6 months

  • *Auto-renews every 6 months
  • *Cancel at anytime
  • *Unlimited access to Tempo Plus & Tempo Magz
Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

Caesar Akbar

Ghoida Rahma, Riani Sanusi, Ilona Esterina, Nandito Putra, and Anastasya Lavenia contributed to the writing of this article. 

Himbara Finance Minister SOE Bank Red and White Cooperatives Merah Putih Cooperatives Purbaya Yudhi Sadewa
Prev Next

More Articles

More exclusive contents

  • April 13, 2026

  • April 6, 2026

  • March 30, 2026

  • March 23, 2026

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe