OJK shuts BPR Pasarraya Kuta in Bali after capital and liquidity problems

Kuta, Badung, Bali — Indonesia’s Financial Services Authority has revoked the operating license of PT Bank Perekonomian Rakyat (BPR) Pasarraya Kuta in Badung, Bali, after the rural bank failed to resolve serious capital and liquidity problems during an extended recovery process.

According to an announcement on the Financial Services Authority (Otoritas Jasa Keuangan, OJK) website, the license revocation was enacted through Decree of the Board of Commissioners’ Member Number KEP-71/D.03/2026 dated 17 September 2026, concerning the Revocation of Business License of PT Bank Perekonomian Rakyat Pasarraya Kuta.

Business media reports citing OJK’s written statement say the decision followed a period in which the bank was placed under recovery status but did not manage to adequately fix its capital adequacy and liquidity position. OJK stated that the closure is part of supervisory measures to strengthen the resilience of the banking industry and safeguard public confidence.

The revoked institution, BPR Pasarraya Kuta, is located on Jalan Raya Tuban No. 62, Tuban, Kuta, in Badung Regency, Bali. The bank’s business license is deemed revoked as of 17 September 2026.

Following the revocation, Indonesia’s Deposit Insurance Corporation (Lembaga Penjamin Simpanan, LPS) has moved to prepare the handling of the bank through liquidation and to process insured deposit claims. In its public communication, LPS said it is conducting reconciliation and verification of customer deposit data and other information to determine which deposits are eligible for payment, with the process targeted to be completed within a maximum of 90 working days from the license revocation date.

LPS has urged customers of BPR Pasarraya Kuta to remain calm and not be influenced by parties that might disrupt the claim payment and bank liquidation process. The institution also reminded depositors that insured funds will be paid in accordance with the Deposit Insurance Law, as amended most recently in 2026.

Coverage by national outlets notes that the shutdown of BPR Pasarraya Kuta adds to a series of license revocations affecting small banks across Indonesia this year. With this case, OJK has closed a total of 14 banks, mostly rural banks and sharia rural banks, in 2026 up to mid-September.

OJK has framed the enforcement against undercapitalised and illiquid banks as part of efforts to clean up the sector and protect depositors. Officials emphasised that banks failing to meet prudential standards or to execute credible recovery plans can face escalation to resolution and ultimately license revocation, with LPS stepping in to guarantee deposits and manage liquidation.

For residents and businesses in Kuta that previously used BPR Pasarraya Kuta for savings or lending, the closure means banking services from this institution have ceased, and deposit customers must follow LPS procedures to claim insured funds. Other commercial and rural banks operating in Badung and greater Bali continue to serve the area’s tourism-dependent economy, but the case underscores the vulnerability of smaller lenders to capital and liquidity pressures.

Sources

• Otoritas Jasa Keuangan – Pengumuman: OJK Cabut Izin Usaha PT Bank Perekonomian Rakyat Pasarraya Kuta
• Liputan6 – BPR Pasarraya Kuta Ditutup, LPS Pastikan Uang Nasabah Dibayar
• CNN Indonesia – Daftar 14 Bank Tutup per September 2026
• Bisnis.com – Daftar 14 Bank Bangkrut September 2026, Terbaru OJK Tutup Pasarraya Kuta
• LPS RI / IDIC – X post on claim preparation for PT BPR Pasarraya Kuta
• Chatnews.id – OJK Cabut Izin Usaha BPR Pasarraya Kuta di Bali September 2026
• Bali Post