Indonesia’s annual loan growth accelerated slightly to 9.69% year-on-year in December 2025, up from 7.74% in November, marking the fastest pace since February amid the government’s efforts to boost domestic demand. Loan growth was supported by expansion in consumption loans (6.58%), investment loans (21.06%), and working capital loans (4.52%). However, the volume of undisbursed loan facilities remained high, reaching IDR 2,439.2 trillion in December 2025, equivalent to 22.12% of the total approved credit ceiling. Looking ahead, Bank Indonesia expects full-year 2026 credit growth to come in within its 8–12% target range.