Regulatory AlertsOJK Regulation No. 19 of 2025 on Facilitating Financing Access for Micro, Small, and Medium Enterprises
The Financial Services Authority (OJK) issued Regulation No. 19 of 2025 to mandate banks and non-bank financial institutions to facilitate financing access for micro, small, and medium enterprises (MSMEs). The regulation requires financial institutions to implement robust governance and risk management while adhering to principles of accessibility, speed, affordability, and inclusivity in MSME financing. Additionally, it imposes obligations on institutions to develop human resources, utilize information technology, establish partnerships, and conduct financial literacy education for MSMEs.
Regulation / Regulation Search / Facilitating Financing Access for Micro, Small, and Medium Enterprises
Sector: Banking
Sub-Sector: Other Regulations
Type of Regulation: OJK Regulation
Regulation Number: 19 of 2025
Effective Date: 11/2/2025
Appendix 1 POJK 19 of 2025 Facilitating Financing Access for Micro, Small, and Medium Enterprises.pdf Abstract of POJK 19 of 2025 Facilitating Financing Access for Micro, Small, and Medium Enterprises.pdf FAQ of POJK 19 of 2025 Facilitating Financing Access for Micro, Small, and Medium Enterprises.pdf
Page Content Financial Services Authority Regulation Number 19 of 2025 concerning Facilitating Financing Access for Micro, Small, and Medium Enterprises
Abstract: The provision of financing access facilitation for MSMEs by Banks and Non-Bank Financial Institutions (NBFIs) can contribute to MSME empowerment and enhance national economic resilience and growth. This must be accompanied by regulations that affirm adequate governance and risk management in providing financing access to MSMEs. In light of this and in accordance with the mandate of Article 249 paragraph (3) of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK), this Financial Services Authority Regulation (POJK) is formulated. The legal basis for this POJK is: Law No. 21 of 2011 as amended by Law No. 4 of 2023; and Law No. 4 of 2023. This POJK regulates among other things: a. Obligations for Banks and NBFIs to provide MSME financing access facilitation. b. Implementation of governance and risk management by Banks and NBFIs in providing MSME financing access facilitation, as well as the submission of MSME financing disbursement plans in business plans and their realization reports; c. Principles of providing MSME financing access facilitation, namely easy, precise, fast, cheap, and inclusive, carried out through forms of facilitation in MSME financing disbursement by:
- establishing special policies in MSME Financing;
- formulating special MSME Financing schemes adjusted to MSME business characteristics and/or business cycles;
- accelerating business processes in MSME Financing disbursement;
- establishing related costs for MSME Financing charged fairly; and/or
- other forms of facilitation (such as participating in the disbursement of government program credits). d. Obligations for the internal human resource development of Banks and NBFIs; e. Provisions regarding partnerships in providing MSME Financing access facilitation; f. Utilization of information technology (IT) to drive the digital ecosystem in MSME Financing; g. Provisions regarding write-offs and debt forgiveness; and h. Obligations to carry out activities to increase financial literacy in the form of financial education for MSMEs, as well as the implementation of consumer protection principles.
Notes: This POJK takes effect after 2 (two) months from the date of promulgation. This POJK was promulgated on September 2, 2025, and established on August 28, 2025. This POJK applies to Banks (commercial banks and people's economic banks) and Non-Bank Financial Institutions (NBFIs) as regulated in Article 2 of this POJK.