Regulatory AlertsMinimum Capital Provision Requirements and Minimum Core Capital Fulfillment for People's Economic Banks
The Financial Services Authority (OJK) issued Circular Letter No. 2/SEOJK.03/2025 to refine implementation rules for minimum capital and core capital requirements for People's Economic Banks (BPR) in alignment with recent legislation. This circular establishes detailed guidelines for capital components, risk-weighted asset calculations, and capital ratio methodologies, while repealing previous circulars from 2016 and 2019. The new requirements became effective on March 11, 2025, with the first applicable reporting position set for March 2025.
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