Business · Economy · 14 hrs ago
Indonesia heavy-equipment financing grows just 0.12% in year to August
Indonesia’s multifinance companies recorded Rp48.50 trillion in heavy-equipment financing in August 2026, just 0.12% more than a year earlier.
The figures come from the Financial Services Authority, known as OJK, which oversees the country’s financing industry.
The slow rise reflects weakness in financing for productive sectors, which fell 1.81% year on year to Rp241.88 trillion.
Heavy equipment is used across industries, and the OJK says global economic uncertainty remains a challenge.
Renewable-energy projects could create new demand, including a planned 100-gigawatt solar power program and waste-to-energy projects.
The OJK expects heavy-equipment financing to keep growing, while also urging lenders to manage risks carefully.
Indonesia’s heavy-equipment financing grew 0.12% year on year to Rp48.50 trillion in August 2026, according to the Financial Services Authority (OJK).
The OJK expects financing to keep growing, supported by activity in sectors that use heavy equipment, although global economic dynamics pose challenges.
The authority said renewable-energy projects, including solar power and waste-to-energy developments, could create new financing opportunities.
Financing to multifinance companies’ productive sectors fell 1.81% year on year to Rp241.88 trillion in August.
- Who
- Indonesia’s multifinance companies and the Financial Services Authority (OJK).
- What
- Heavy-equipment financing grew 0.12% year on year to Rp48.50 trillion.
- When
- In the year to August 2026.
- Where
- Indonesia.
- Why
- The OJK linked future growth to activity in sectors that use heavy equipment. It cited renewable-energy projects as a potential opportunity and global economic dynamics as a challenge.
This story does not have two clearly opposing sides.
Heavy-equipment financing reached Rp48.50 trillion, up 0.12% year on year.
CNBC Indonesia reported the OJK’s figures and outlook for heavy-equipment financing.
- Heavy-equipment financing
- Rp48.50 trillion in August 2026
- Annual growth
- 0.12% year on year
- Productive-sector financing
- Rp241.88 trillion, down 1.81% year on year
- Renewable-energy opportunities
- 100 GWp solar power and waste-to-energy projects
What people are saying
Going forward, heavy-equipment financing is expected to continue growing positively in line with developments in activity in sectors that use heavy equipment, although it faces challenges including global economic dynamics.
The development of renewable-energy projects can provide an opportunity to diversify heavy-equipment financing by multifinance companies.