OJK Lets Banks Treat DHE Deposits as Cash Collateral, Provided Exporter Documents Are Complete
Loans secured by natural-resource export proceeds qualify as performing and are excluded from the NPL ratio — but only if banks verify usage evidence and exporter statements under the DHE regulation.
At the same November 6 socialization session, OJK banking supervision executive Dian Ediana Rae detailed how banks can finance exporters against natural-resource export proceeds (DHE SDA) held onshore. Under a May 25, 2026 circular, deposits kept in the Indonesian financial system can be treated as cash collateral, and loans secured by them qualify as performing loans excluded from the non-performing loan calculation — provided the bank verifies the completeness of exporter documents required under Article 11a of the DHE regulation: evidence of DHE usage and the exporter's sworn statement on the truth of the stated use and willingness to bear sanctions.
OJK monitors the arrangement through escrow accounts operated jointly with Bank Indonesia. In parallel, the government added OCBC NISP as the sixteenth appointed bank for the Article 18A placement scheme, under which mining exporters may place at least 30 percent of DHE for three months or more at a bank of their choice.
The policy makes document verification an explicit supervisory precondition for preferential capital treatment across all sixteen appointed banks — turning exporter paperwork into a regulated, auditable banking workflow.