Jakarta, ThedailyID — Asosiasi Perusahaan Penjaminan Indonesia held the Indonesia Guarantee Summit (IGS) 2026 to discuss strengthening the national guarantee industry and expanding financing access for productive sectors.
The forum gathered regulators, banks, academics, regional governments, and financial industry players under the theme “Purification of the Guarantee Industry as the Foundation for Strengthening Financing Access and Financial System Stability.”
Asippindo Chairman Ivan Soeparno said the guarantee industry now plays a more strategic role in supporting national economic growth, especially through wider financing access for MSMEs and cooperatives.
He said guarantee services should not only function as credit administration support, but also as a risk-sharing mechanism between business actors and financial institutions.
Ivan added that the industry must grow in a healthier, more transparent, and more competitive direction amid global economic pressure and financial sector uncertainty.
He also emphasized the importance of strengthening governance, risk mitigation, and business focus within the guarantee industry.
According to Ivan, stronger policy harmonization between the guarantee sector and other financial industries, including insurance, would help create a healthier and more balanced financial ecosystem.
Asippindo noted that the guarantee industry contributes to financial intermediation, regional economic growth, and financing expansion for productive sectors.
The association and regulators have also pushed reforms through stronger governance, digital transformation, human resource development, and national re-guarantee schemes.
During the summit, Coordinating Ministry for Economic Affairs Deputy Ferry Irawan said MSMEs currently contribute around 61 percent of Indonesia’s gross domestic product and absorb 97 percent of the national workforce.
However, many MSMEs remain feasible but not fully bankable, increasing the need for guarantee institutions to support formal financing access.
Ferry said the government continues to strengthen productive financing through programs such as Kredit Usaha Rakyat (KUR) (Indonesia’s microbusiness loan program), housing financing, food security, industrial development, and green economy initiatives.
He added that guarantee institutions should act as credit enhancers and risk mitigation partners for MSMEs.
Ferry also said Indonesia’s Financial Services Authority (OJK) is currently encouraging reforms to ensure guarantee businesses operate under dedicated guarantee companies rather than general insurance firms.
OJK Executive Head of Insurance, Guarantee, and Pension Fund Supervision Ogi Prastomiyono said the guarantee industry has become an important pillar in Indonesia’s financial system.
He revealed that Indonesia had 24 guarantee institutions in 2025 with total assets reaching Rp47.51 trillion, up 2.42 percent year-on-year.
Outstanding guarantees reached Rp406.43 trillion, while productive guarantees accounted for 70.91 percent of the total portfolio.
Ogi said OJK continues to strengthen the industry through tighter supervision, capital strengthening, and integration of the national guarantee ecosystem.
Besides keynote speeches, Indonesia Guarantee Summit 2026 also featured panel discussions and focus group discussions (FGD) covering strategic issues in the national guarantee industry.
The sessions involved regulators, academics, economists, and industry representatives, including OJK Deputy Commissioner Iwan Pasila, Asippindo Chairman Ivan Soeparno, Deputy for Entrepreneurship at the Ministry of UMKM Riza Damanik, OJK official Didy Handoko, Kemendagri director Yudia Ramli, Jamkrindo director Krisna Johan, PT Penjaminan Ulang Indonesia commissioner Diding S. Anwar, Jamkrida Jakarta Sharia Supervisory Board member Prof. Dr. Euis Amalia, University of Indonesia professor Rofikoh Rokhim, and Paramadina University economist Wijayanto Samirin.
Participants discussed governance reform, financing access, digital transformation, and strategies to strengthen the national guarantee ecosystem.
Indonesia Guarantee Summit has now entered its second year as a strategic annual forum for collaboration between regulators, financial institutions, academics, and industry players.
The forum also aims to strengthen the role of the guarantee industry in expanding MSME financing access, improving financial sector depth, and supporting sustainable national economic growth.
