IMF Staff Country Reports

Indonesia: Financial Sector Assessment Program-Financial System Stability Assessment

Publication Date:

August 8, 2024

Electronic Access:

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Summary:

The financial system appears to be broadly resilient, has strong capital and liquidity buffers but remains relatively small and dominated by banks, especially few state-owned banks. Household and corporate indebtedness and public debt are low. The macroprudential policy framework features both financial stability and development objectives. The recently passed Financial Sector Omnibus Law (FSOL) will make notable reforms to the financial sector.

Series:

Country Report No. 2024/272

Subject:

Anti-money laundering and combating the financing of terrorism (AML/CFT) Commercial banks Crime Financial institutions Financial Sector Assessment Program Financial sector policy and analysis Financial sector stability Macroprudential policy

Frequency:

regular