Home » Business » Indonesian Deposit Insurance Corporation (LPS) Replaces IDR 261.14 Billion in Customer Savings from Two Bankrupt Banks

Indonesian Deposit Insurance Corporation (LPS) Replaces IDR 261.14 Billion in Customer Savings from Two Bankrupt Banks

Jakarta, CNBC Indonesia The Deposit Insurance Corporation (LPS) has replaced a total of IDR 261.14 billion in customer savings from two bankrupt banks throughout 2023.

LPS noted that two banks went bankrupt during this year, namely PT Bank Perkreditan Rakyat Bagong Inti Marga (BPR BIM) and the Regional Public Company Bank Perkreditan Rakyat Karya Pemuda Indramayu (BPR KRI).

Chairman of the LPS Board of Commissioners, Purbaya Yudhi Sadewa, said that BPR BIM had 2,907 customers and deposits of IDR 13.64 billion. According to Purbaya, LPS has replaced IDR 13.14 billion in customer deposits.

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Then, LPS has disbursed IDR 248 billion in deposits to BPR KRI customers. Meanwhile, BPR KRI has more than 25 thousand customers with total deposits of IDR 285 billion.

“So it’s quite fast,” said Purbaya at the KSSK press conference, quoted on Saturday (11/11/2023).

Purbaya said that LPS has assets of IDR 210 trillion and is considered sufficient to cover if a bank has problems.

Meanwhile, LPS stated that as of September 2023, there would be 99.94% of total accounts in banks or 534.77 million accounts.

As of September 2023, LPS recorded 535.12 million accounts in banking. As many as 97.9% of them are savings accounts. Then demand deposits 1.1% and deposits the rest.

Judging from the value, bank third party funds (DPK) grew 6.4% annually (yoy) to IDR 8,203 trillion. As much as 62.2% of the total value of TPF is current accounts and savings or low-cost funds. The remainder or 37.8% is deposits.

Meanwhile, although in terms of numbers, bank accounts with a nominal value of IDR 500 million to more than IDR 2 billion are only 0.2%, in terms of value they contribute 74.2% or IDR 6,090 trillion.

For information, OJK has revoked the permits of BPR BIM as of February 2 2023 and BPR KRI as of September 12 2023.

[Gambas:Video CNBC]

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2023-11-11 07:15:43
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