OJK Approves Merger of Four BPRs in East Priangan into PT BPR Nusamba Tanjungsari

The Financial Services Authority (OJK) has approved the consolidation of four Rural People’s Banks (BPRs) in the East Priangan region into PT BPR Nusamba Tanjungsari. This strategic move aims to strengthen the capital base and competitiveness of BPRs within the Indonesian banking sector.

Merger Details

The approval was formalized in the OJK Board of Commissioners Decree Number KEP-15/D.03/2026, dated February 20, 2026. The four BPRs involved in the merger are PT BPR Nusamba Sukaraja, PT BPR Nusamba Plered, PT BPR Nusamba Singaparna, and PT BPR Mitra Harmoni Indramayu, with PT BPR Nusamba Tanjungsari serving as the receiving entity.

OJK’s Perspective

Nofa Hermawati, Head of the Tasikmalaya OJK, emphasized that the entire merger process adhered to all regulatory provisions. This included thorough assessments of capital adequacy, governance structures, risk management practices, and consumer protection measures. Infobanknews reports that Hermawati stated the merger is expected to create a stronger, healthier BPR capable of delivering more innovative products and services, thereby increasing public trust.

Impact on Customers

The OJK has assured customers that all rights and obligations will be seamlessly transferred to PT BPR Nusamba Tanjungsari. Antara News confirms that customers will be able to continue their transactions and access banking services without any disruption or changes to their existing terms.

Strategic Rationale

This consolidation is part of a broader OJK strategy to enhance the resilience and efficiency of the BPR industry. The aim is to improve their ability to support financing for the real sector, particularly Micro, Minor, and Medium Enterprises (MSMEs). Tempo.co highlights that the move is intended to strengthen capital, competitiveness, and resilience.

Positive Performance in 2025

The performance of BPRs and Sharia BPRs in the East Priangan area during 2025 demonstrated a positive trend. Assets grew by 3.81% year-on-year (yoy) to IDR 3.56 trillion. Third-party funds (DPK) increased by 2.71% (yoy) to IDR 2.51 trillion, while credit experienced a growth of 5.62% (yoy) to IDR 2.81 trillion. The level of non-performing loans (NPLs) remained within controlled limits. Suara.com reports on these positive indicators.

Future Outlook

The OJK intends to continue promoting the strengthening of BPR institutions through further consolidation and transformation initiatives. This is to foster an industry that is more robust and capable of making significant contributions to both the regional and national economies.