Indonesia’s External Debt Rose to USD 437.9 bn in Feb-26 Driven by BI Instruments

MACROECONOMY 
Indonesia’s External Debt Rose to USD 437.9 bn in Feb-26 Driven by BI Instruments 
Bank Indonesia reported Indonesia’s external debt (ULN) at USD 437.9 bn in Feb-26 (+2.5% YoY), increasing from USD 434.9 bn in Jan-26, mainly driven by public sector, particularly central bank liabilities, amid strong foreign inflows into SRBI instruments, while private sector debt declined; government ULN stood at USD 215.9 bn (+5.5% YoY) dominated by long-term debt, with overall ULN to-GDP ratio at 29.8%, indicating manageable leverage supported by prudent coordination between BI and the govt. (Bloomberg Technoz) 

COMPANY 
Bank Tabungan Negara (BBTN) Posted Strong 1Q26 Earnings with Loan and DPK Growth 
BBTN recorded 1Q26 net profit of IDR 1.1 tn (+22.6% YoY), supported by solid loan growth of 10.3% YoY to IDR 400.63 tn and DPK growth of 9.9% YoY to IDR 422.63 tn, with CASA reaching IDR 212.11 tn (50.2% mix); improved funding cost (CoF 3.0%) and asset expansion (+10.5% YoY to IDR 517.54 tn) further strengthened performance, alongside strong digital traction from Bale by BTN with users rising 67.5% YoY. (Bisnis.com)