Indonesia’s loan growth cooled in February 2026, with the year-on-year increase in lending easing to 9.37%, down from 9.96% in January 2026. The latest figures, updated on 17 March 2026, highlight a modest loss of momentum in credit expansion across the banking sector.
The data are presented on a year-over-year basis, meaning February’s 9.37% reflects the change in total loans compared with February a year earlier, while January’s 9.96% was measured against January of the previous year. The slight deceleration suggests that, although credit growth remains robust, the pace of expansion is stabilizing after a stronger start to the year.
Market participants and policymakers will be watching subsequent monthly figures closely to see whether February’s reading marks the beginning of a broader softening in loan demand or merely a temporary moderation within an otherwise solid lending cycle.
