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View all search resultsNew OJK rules on credit scoring ease loan disbursement
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A man walks past the Financial Services Authority (OJK) building on May 15, 2013, in Central Jakarta. (Tribunnews/Herudin)
T
he Financial Services Authority (OJK) has rolled out new rules for credit scoring through its Financial Information Services System (SLIK) in a bid to boost lending in productive sectors, including micro, small and medium enterprises (MSME) and for homebuyers.
Under the new rules, only data of debtors with at least Rp 1 million (US$55.89) of outstanding loans will be displayed in the SLIK to provide “relevant and proportional” information during the process of credit analysis.
The agency also requires financial institutions to expedite updates on credit repayment data in the system within three working days after the loan is resolved.
“The SLIK optimization aims to expand healthy financing access to productive sectors, including MSMEs and the housing program. The SLIK optimization took effect starting on July 1, 2026,” said OJK head Friderica Widyasari Dewi in a virtual press conference on Tuesday.
The OJK, along with the Public Housing and Settlements Ministry, officially announced the launch of the so-called SLIK optimization program on Monday.
Read also: OJK to exclude small loans from credit score database to ease homebuying
Authorities say the initiative is designed to achieve four main goals: supporting national economic development programs by expanding financing access, expediting credit data updates, minimizing potential complaints arising from settled loans that have yet to be reflected in the system and strengthening the financial ecosystem through a more credible credit reporting system.
