OJK Examines MNC Bank Liquidity as Industry Net Interest Margin Slides
The OJK says it is examining MNC Bank's liquidity and funding after MotionBank disruptions, and has requested a schedule for fulfilling customer rights.
At its November monthly board of commissioners meeting with the Financial Services Authority (OJK) on 5 November 2026, Chief Banking Supervisor Dian Ediana Rae stated that the authority is examining Bank MNC International (BABP, KBMI I), covering liquidity, cash flow management, funding structure and the bank's ability to meet its obligations. OJK asked management to submit the mechanism and a schedule for fulfilling customer rights, restoring services and resolving pending complaints. The bank's core capital remains above the mandatory Rp3 trillion threshold.
The supervision follows service disruptions on the MotionBank application that began around 2 November 2026. On-site media monitoring recorded that cash withdrawals at several branches were temporarily limited to between Rp1 million and Rp2 million per customer. The bank attributed the disruption to technical issues; this is a vendor-stated claim, as the root cause has not been publicly disclosed.
In the same meeting, OJK reported that the industry's net interest margin fell to 4.29% in September 2026 from 4.58% a year earlier, driven by higher funding costs, while industry profit still grew 6.5% and lending expanded 13.26% year-on-year.