Jakarta - Minister of Finance Purbaya Yudhi Sadewa has issued Minister of Finance Decree (KMK) Number 276 of 2025. The decree was enacted and took effect today, Friday (12/09/2025).

In accordance with this KMK, the placement of state funds is carried out through five partner commercial banks, namely Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Bank Mandiri, Bank Tabungan Negara (BTN), and Bank Syariah Indonesia (BSI). The placement of funds is implemented with partner limits for each commercial bank as follows: BRI at Rp55 trillion, BNI at Rp55 trillion, Bank Mandiri at Rp55 trillion, BTN at Rp25 trillion, and BSI at Rp10 trillion.

“This has been decided and the disbursement has already taken place this afternoon. We are sending the funds to the five banks Mandiri, BRI, BTN, BNI, BSI. So I can confirm, the funds that need to be sent have entered the banking system today. Gradually, they will flow into credit, so the economy can move,” explained the Minister of Finance in a press statement at the Coordinating Ministry for Economic Affairs, Jakarta, Friday (12/09/2025).

The Minister further explained that the tenor for the placement of state funds is for a period of six (6) months and may be extended. He emphasized that the placement of state funds must be used to support the growth of the real sector, and is not allowed to be used to purchase Government Securities (SBN).

The placement of state funds with partner commercial banks is made in the form of conventional/sharia on-call deposits, with a non-auction mechanism. The interest/profit-sharing rate applied is 80.476% of the BI 7-Day Reverse Repo Rate (BI 7-DRR Rate) for rupiah placement accounts.

Furthermore, the partner commercial banks must submit a monthly report on the use of the placed state funds to the Minister of Finance c.q. Director General of Treasury.

As is known, in accordance with his authority, the Minister of Finance, as State General Treasurer, carries out the placement of state funds from the government’s cash reserves at Bank Indonesia to manage the central government’s cash surplus. The Minister believes that the placement of state funds in commercial banks needs to be carried out to support financial market deepening and to support government programs in driving economic growth.