The Financial Services Authority of Indonesia, known as Otoritas Jasa Keuangan (OJK), officially revoked the operating license of PT Bank Perekonomian Rakyat (BPR) Citra Bersada Abadi on August 19, 2026.
Understanding the Regulatory Crackdown on Regional Lenders
The closure of the Bekasi-based rural bank is not an isolated incident, but rather the culmination of strict supervisory enforcement by the OJK throughout 2026. According to regulatory disclosures, PT BPR Citra Bersada Abadi was previously placed under special supervision as a BPR Dalam Penyehatan (BDP) on August 6, 2025. At that time, the bank’s Capital Adequacy Ratio, measured as the Kewajiban Pemenuhan Modal Minimum (KPMM), plunged to a negative level. Furthermore, its three-month average cash ratio deteriorated, breaching the mandatory regulatory floor.
When management and shareholders failed to execute a viable turnaround strategy under OJK’s POJK Nomor 28 Tahun 2023 guidelines, regulators escalated the institution’s status to BPR Dalam Resolusi (BDR) on August 5, 2026. The final license revocation under Decision Letter Number KEP-62/D.03/2026 effectively shuttered all physical operations and locked out unauthorized asset transfers.
The Bottom Line
- Asset Protection: The Indonesia Deposit Insurance Corporation, Lembaga Penjamin Simpanan (LPS), has stepped in to form a liquidation team to manage depositor rights and obligations.
- Strict Liability: Shareholders and executives face strict legal prohibitions against executing unapproved transactions involving remaining bank assets.
Mapping the 2026 Rural Bank Liquidations
A review of OJK filings indicates a steady cadence of license cancellations across Java, Sumatra, and Bali since the beginning of the year.
| Institution Name | Location | Effective Closure Date |
|---|---|---|
| PT BPR Suliki Gunung Mas | Sumatra Barat | January 7, 2026 |
| PT BPR Prima Master Bank | Surabaya, East Java | January 27, 2026 |
| Perumda BPR Bank Cirebon | West Java | February 9, 2026 |
| PT BPR Kamadana | Bangli, Bali | February 18, 2026 |
| PT BPR Koperindo Jaya | Central Jakarta | March 9, 2026 |
| PT BPR Pembangunan Nagari | Agam, Sumatra Barat | March 31, 2026 |
| PT BPR Ceper Permata Artha | Klaten, Central Java | June 25, 2026 |
| PT BPR Dwicahaya Nusaperkasa | Batu, East Java | July 3, 2026 |
| PT BPR Mataram Mitra Manunggal | Yogyakarta | July 7, 2026 |
| PT BPR Syariah Hasanah Mandiri | Depok, West Java | July 16, 2026 |
| PT BPR Citra Bersada Abadi | Bekasi, West Java | August 19, 2026 |
Execution of Claims and Liquidation Protocols
According to statements released by Edwin Nurhadi, OJK Head for Jakarta, Bogor, Depok, and Bekasi, these structural interventions are designed to reinforce overall financial system stability and safeguard public trust. When operating permits are pulled, institutions must immediately halt all financial transactions and lock branch doors.
Resolution authority shifts entirely to the LPS. The designated liquidation teams handle the formal inventory of remaining assets, verification of depositor claims, and settlement of outstanding liabilities in strict compliance with statutory frameworks. Meanwhile, former directors, commissioners, and major shareholders remain legally barred from modifying or encumbering corporate assets without express written consent from the deposit insurer.
