Business · Companies · 4 hrs ago
Indonesia revokes licence of South Sumatra bank over capital problems
Indonesia’s financial regulator revoked the licence of BPR Agritrans Batumarta on November 3.
The small bank is based in Ogan Komering Ulu, in South Sumatra.
The bank had a minimum capital ratio below 12%, prompting the regulator to place it under rehabilitation supervision.
It drew up a recovery plan, but did not fully carry it out, and efforts did not significantly improve its capital position.
On October 16, the regulator moved the bank into resolution after its managers and shareholders failed to restore it.
Indonesia’s deposit insurer chose liquidation, then asked the regulator to revoke the licence.
The insurer will guarantee deposits and oversee liquidation, and the regulator urged customers to remain calm.
Indonesia’s Financial Services Authority revoked the licence of PT BPR Agritrans Batumarta, a rural bank in South Sumatra.
The authority said the bank had capital problems and could not carry out its recovery plan effectively.
The bank was placed under resolution supervision on 16 October 2026 after its management and shareholders failed to restore it.
Indonesia’s Deposit Insurance Corporation chose liquidation and asked the authority to revoke the licence.
The Deposit Insurance Corporation will provide deposit-guarantee functions and handle the liquidation.
- Who
- The Financial Services Authority revoked the licence of PT BPR Agritrans Batumarta.
- What
- The South Sumatra bank’s operating licence was revoked, and it will be liquidated.
- When
- 3 November 2026. It had been placed under resolution supervision on 16 October 2026.
- Where
- Ogan Komering Ulu regency, South Sumatra, Indonesia.
- Why
- The bank had capital problems and its management and shareholders could not carry out a recovery.
This story does not have two clearly opposing sides.
OJK placed the bank under recovery supervision because its minimum capital adequacy ratio was below 12%.
OJK placed the bank under resolution supervision after its management and shareholders failed to restore it.
The Deposit Insurance Corporation chose liquidation and asked OJK to revoke the bank’s licence.
OJK revoked PT BPR Agritrans Batumarta’s operating licence.
- Bank
- PT BPR Agritrans Batumarta
- Location
- Ogan Komering Ulu regency, South Sumatra
- Minimum capital adequacy ratio
- Below 12%
- Resolution supervision began
- 16 October 2026
- Licence revoked
- 3 November 2026
What people are saying
The revocation of PT BPR Agritrans Batumarta’s business licence is part of OJK’s supervisory measures to strengthen the banking industry, protect the public interest, and maintain confidence in the financial services sector.
During the BDP period, PT BPR Agritrans Batumarta’s efforts have not yet produced significant results in addressing the bank’s capital problems.
OJK urges PT BPR Agritrans Batumarta’s customers to remain calm because public funds in banks, including rural banks, are guaranteed by the Deposit Insurance Corporation in accordance with applicable provisions.