KONTAN.CO.ID - JAKARTA. The Financial Services Authority (OJK) recorded that multifinance companies' financing receivables reached IDR 501.83 trillion as of June 2025.

Agusman, Chief Executive for Supervision of Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Services Institutions, stated that the value of financing receivables as of June 2025 grew 1.96% year-on-year (YoY). This growth slowed compared to May 2025.

"As of May 2025, growth was 2.83% YoY, reaching IDR 504.58 trillion," he said at the OJK's RDK press conference on Monday (August 4).

Agusman explained that the financing risk profile remained stable, with net Non-Performing Financing (NPF) recorded at 0.88% as of June 2025. This figure is the same as the previous month's 0.88%.

Agusman added that the gross Non-Performing Financing (NPF) for financing companies as of June 2025 was 2.55%. This figure represents an improvement compared to the previous month's 2.57%.

Meanwhile, the gearing ratio for financing companies increased to 2.24 times as of June 2025. It was 2.20 times in April 2025.

"However, it remains well below the maximum limit of 10 times," Agusman said.