Business · Companies · 4 hrs ago
Indonesia revokes licence of South Sumatra rural bank, bringing 2026 total to 16
Indonesia’s financial regulator revoked the licence of PT BPR Agritrans Batumarta on 3 November.
The bank is a people’s economic bank, or BPR, located in Ogan Komering Ulu, South Sumatra.
The closure brings the number of banks shut in Indonesia in 2026 to 16 as of 4 November.
The regulator had placed the bank under special supervision in November 2025 because its minimum capital adequacy ratio was below 12%.
Efforts to restore the bank’s finances did not succeed, and it was moved to resolution status on 16 October.
The Deposit Insurance Corporation chose liquidation and asked the regulator to revoke the licence.
The corporation will handle deposit guarantees and liquidation, while customers’ deposits are covered under applicable rules.
Indonesia’s Financial Services Authority revoked the licence of PT BPR Agritrans Batumarta in South Sumatra on 3 November 2026.
The closure brought the number of banks whose licences were revoked in Indonesia in 2026 to 16 by 4 November.
The bank had been under recovery supervision since November 2025 because its minimum capital adequacy ratio was below 12%.
The authority said the bank did not make significant progress in resolving its capital problems, despite efforts to restore it.
The Deposit Insurance Corporation will guarantee deposits and carry out the bank’s liquidation.
- Who
- Indonesia’s Financial Services Authority revoked the licence of PT BPR Agritrans Batumarta.
- What
- The South Sumatra rural bank’s operating licence was revoked. The Deposit Insurance Corporation will handle deposit guarantees and liquidation.
- When
- The licence was revoked on 3 November 2026.
- Where
- Ogan Komering Ulu regency, South Sumatra, Indonesia.
- Why
- The bank’s recovery efforts did not resolve its capital problems, and the Deposit Insurance Corporation requested the licence revocation as part of its liquidation plan.
This story does not have two clearly opposing sides.
OJK placed BPR Agritrans Batumarta under recovery supervision because its minimum capital adequacy ratio was below 12%.
OJK placed the bank under resolution supervision after recovery efforts failed.
The Deposit Insurance Corporation decided to handle the bank through liquidation.
OJK revoked the bank’s operating licence.
The number of banks whose licences had been revoked in 2026 reached 16.
- Bank
- PT BPR Agritrans Batumarta
- Licence revoked
- 3 November 2026
- Location
- Ogan Komering Ulu, South Sumatra
- Minimum capital adequacy ratio
- Below 12%
- 2026 total
- 16 banks through 4 November
What people are saying
The revocation of PT BPR Agritrans Batumarta’s business licence is part of OJK’s supervisory action to strengthen the banking industry, protect the public interest, and maintain confidence in the financial services sector
The management and shareholders of PT BPR Agritrans Batumarta were unable to restore the bank