Jakarta, Indonesian financial authorities have approved the consolidation of four rural banks in the Priangan Timur region into PT BPR Nusamba Tanjungsari. The move is part of a broader effort to strengthen the capital base and competitiveness of rural banks across the country.
The approval was formalized in a decision letter from the OJK (Financial Services Authority) dated February 20, 2026, identified as KEP-15/D.03/2026. The four banks to be integrated 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 surviving entity.
Nofa Hermawati, Head of the OJK Tasikmalaya office, stated that the consolidation process adhered to all regulatory requirements, including assessments of capital adequacy, governance, risk management, and consumer protection.
“This consolidation is expected to result in a stronger, healthier BPR entity capable of delivering more innovative products and services to enhance public trust,” Hermawati said during a handover ceremony at the OJK Tasikmalaya office on Thursday, February 26, 2026.
Following the completion of the merger, all rights and obligations of the merging banks will transfer to PT BPR Nusamba Tanjungsari. The OJK has assured customers that transactions and banking services will continue uninterrupted, with no changes to their existing rights or obligations.
The OJK emphasized that this consolidation is a key component of its strategy to bolster the rural banking sector, promoting efficiency, competitiveness, and resilience in supporting financing for the real sector, particularly micro, small, and medium-sized enterprises (MSMEs).
Overall performance of rural banks and rural Islamic banks in the Priangan Timur region during 2025 showed a positive trend. Total assets grew by 3.81% year-on-year to Rp 3.56 trillion.
Third-party funds (DPK) increased by 2.71% year-on-year to Rp 2.51 trillion, while lending increased by 5.62% year-on-year to Rp 2.81 trillion. The level of non-performing loans (NPL) remained within manageable limits.
The OJK stated it will continue to encourage the strengthening of rural bank institutions through consolidation and transformation to create a more resilient industry capable of making an optimal contribution to the regional and national economies.
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