2026-10-23T17:39:55

Bank Indonesia Banking Survey Q3 2026: Q4 New Lending Up, Reserve Ratio 7%

The Bank Indonesia banking survey Q3 2026 released on 22 October 2026 (press release No.28/234/DKom) shows the weighted net balance (SBT) for new lending in Q4 2026 forecast at 91.31%, up from 90.08% in Q3 and 88.92% in Q4 2025. Respondents expect outstanding loans at end-2026 to grow 8.20% yoy (ANTARA, quoting BI). The day before, the 20-21 October 2026 Board of Governors meeting kept the BI-Rate at 5.75% and cut the reserve requirement cut to 7 percent Indonesia for conventional commercial banks in stages (8% from 1 November, 7% from 1 December 2026). The new lending forecast Q4 2026 Indonesia is not a growth rate but a net balance from a survey of bank respondents. The impact on building materials below is homeX analysis, not data.

Banking Survey Q3 2026 and the October board decision: key figures

Indicator	Figure	Comparison	Source	Source
New lending SBT, Q4 2026 forecast	91,31%	Q3 2026: 90.08%; Q4 2025: 88.92%	BI press release, 22 Oct 2026	Bank Indonesia
Lending Standard Index (ILS)	0.15 (Q4 2026 forecast)	Q3 2026: 0.28; a lower value means looser standards	BI press release, 22 Oct 2026	Bank Indonesia
Outstanding loans end-2026 (respondent forecast, yoy)	8,20%	Previous survey: 7.51%; 2025 actual: 9.69%	ANTARA, 22 Oct 2026 (quoting BI)	ANTARA
Third-party funds SBT (ytd to Q4 2026)	89,76%	Previous quarter: 87.52%; Q4 2025: 93.97%	ANTARA, 22 Oct 2026 (quoting BI)	ANTARA
BI-Rate; Lending Facility; Deposit Facility	5.75%; 6.50%; 5.00%	BI-Rate and Lending Facility unchanged; Deposit Facility up 25 bps	BI, board meeting 20-21 Oct 2026, press release 21 Oct	Bank Indonesia
Reserve requirement, conventional commercial banks (average)	9% to 8% (1 Nov 2026) then 7% (1 Dec 2026)	Total cut of 2 percentage points	BI press release, 21 Oct 2026	Bank Indonesia
Reserve requirement, Islamic banks (BUS and UUS)	7.5% to 6.5% (1 Nov 2026) then 5.5% (1 Dec 2026)	Total cut of 2 percentage points	BI press release, 21 Oct 2026	Bank Indonesia
KLM and reserve requirement remuneration	KLM 6% to 5%; remuneration up to 5% of average Rupiah reserve requirement (both from 1 Dec 2026)	Adjustment to the macroprudential liquidity incentive policy	BI press release, 21 Oct 2026	Bank Indonesia

Sources: BI press releases No.28/234/DKom (22 Oct 2026) and No.28/233/DKom (21 Oct 2026), and ANTARA 22 Oct 2026 16:34 WIB (the 8.20% outstanding loans, third-party funds and last year comparisons come from ANTARA quoting BI, not from the press release we read), read on 23 October 2026. SBT is a weighted net balance from a survey of bank respondents, not credit growth; the 8.20% forecast is also not an actual outcome and is not comparable with actual credit growth data from OJK or BI. We did not read the survey annexes, so sector data (construction, mortgages) is not available in this article. The reserve requirement cut is an average and phased; BI does not state its effect on lending rates. The "meaning for building materials" part is homeX analysis, not data or a forecast.

What it may mean for building materials and projects (homeX analysis, not data)

homeX analysis, not data: looser credit standards (ILS 0.28 to 0.15) and a lower reserve requirement can add bank liquidity, which in theory could support construction loans and mortgages. However BI does not state the effect on lending rates, the survey only notes priorities of working capital, investment and consumer loans without sector detail, and the BI-Rate stays at 5.75%. For material purchase decisions, store prices and contracts remain the more direct benchmark; see our articles on construction credit, the BI-Rate and subsidised mortgages for more specific data.

How to read SBT and ILS

SBT (weighted net balance) measures the direction of bank responses: a higher value means more banks expect an increase; 91.31% does not mean loans grow 91%. ILS shows lending standards; BI says a lower ILS means looser standards, and ANTARA writes it is still in the tight zone. The valid comparison is only across periods of the same survey.

Buyer tips

Read the BI press release itself before using survey figures.
Distinguish SBT (a survey balance) from actual credit growth.
Do not infer material prices from a single banking survey.
Watch the next BI releases for comparison.

Request a Bank Indonesia banking survey Q3 2026 quote for your project

homeX can compare several brands at once and prepare a written quote for projects, renovations or shop stock. Send your needs (brand, size, quantity, location) via WhatsApp +62 821 1818 998, or visit the homeX showroom: Priskilla Tower, 6th floor, Jl. Atang Sanjaya No.21, Benda, Kota Tangerang, Banten 15125. Visit the homeX Showroom.

Disclaimer: prices change without notice and differ by store, city, pack size, grade and promotion. Data as of 23 October 2026; always confirm with the seller before buying.

FAQ

What are the results of the Banking Survey Q3 2026? BI forecasts new lending in Q4 2026 to increase: SBT 91.31% (Q3 2026: 90.08%). ILS falls from 0.28 to 0.15, meaning looser standards. Released 22 Oct 2026.

What is the bank reserve requirement after the October 2026 meeting? Conventional commercial banks fall from 9% to 8% (1 Nov 2026) then 7% (1 Dec 2026); Islamic banks from 7.5% to 6.5% then 5.5%. Average figures, per BI.

Does this mean building material prices will fall? No. The survey and reserve requirement concern credit and bank liquidity; BI does not mention building material prices. Any link is homeX analysis, not a price forecast.