Regulator shuts BPR Pasarraya Kuta in Bali, a banking not immigration case

Bali — Indonesian financial regulators have revoked the business licence of PT Bank Perekonomian Rakyat (BPR) Pasarraya Kuta in Badung, Bali, after the local lender failed to resolve capital and liquidity problems, but the action is a banking and regulatory matter rather than an immigration development.

The Otoritas Jasa Keuangan (OJK), Indonesia’s Financial Services Authority, withdrew the bank’s licence through Decision of the Board of Commissioners member Number KEP-71/D.03/2026 dated 17 September 2026, according to statements cited in national and regional media reports.

The small bank was based on Jalan Raya Tuban No. 62 in Tuban, Kuta, Badung, and its closure adds to the tally of regional lenders liquidated in Bali in 2026. OJK officials said the licence revocation formed part of supervisory actions intended to strengthen the banking industry and protect public confidence.

Following the decision, the Indonesian Deposit Insurance Corporation (Lembaga Penjamin Simpanan, LPS) has begun preparing claims settlement and liquidation processes for BPR Pasarraya Kuta, with insured deposits to be paid to eligible customers over a defined period. Both institutions have stressed in public statements that depositors who meet guarantee criteria will have their savings returned, while borrowers remain responsible for repaying outstanding loans.

Although the bank’s licence was revoked by the national financial regulator, the development is not related to visa issuance, residence permits or immigration enforcement in Bali. It concerns prudential oversight of local banking institutions and the protection of depositors, which falls under financial regulation rather than border control.

In separate coverage of Bali’s immigration operations on 19 September 2026, local media reported that the Ngurah Rai Immigration Office and law enforcement partners had carried out joint actions targeting alleged misuse of residence permits by foreign nationals, including suspected involvement in online-facilitated prostitution in areas such as Canggu, Seminyak and Umalas. Those immigration cases involve visa and stay permit violations, while the closure of BPR Pasarraya Kuta does not.

As a result, the revocation of BPR Pasarraya Kuta’s business licence is classified as a banking and regulatory story with only tangential relevance to broader economic conditions in Bali, and it cannot be considered a qualifying immigration or visa development.

Sources

• Tribun-Bali
• Waspada.id
• Liputan6
• BaliPost
• Okezone
• RRI