Data shows a rise in household deposits below Rp100 million, with savers exploring alternative investment options like money market funds and government bonds amid growing safety concerns and market improvements.
Indonesia’s savers appear to be keeping more cash in banks, with the Financial System Stability Committee noting that deposits below Rp100 million grew 5.16% year on year in June 2026, up from 1.84% in March. The Deposit Insurance Corporation, or LPS, says this bracket is dominated by household money, a sign that ordinary savers still prefer the safety and convenience of bank accounts.
That trend matters because it suggests many families are leaving a large share of their money idle. LPS chairman Anggito Abimanyu has said savings are rising across all balance bands, from under Rp100 million to above Rp5 billion, and that the habit of drawing down savings to cover day-to-day spending is easing as conditions improve. Local reports in June said the same sub-Rp100 million category had already grown 4.95% year on year through May, reinforcing the view that households are rebuilding buffers.
The investment message drawn by Bibit is straightforward: money needed for daily spending belongs in a bank account, but money that is simply sitting still can be assigned a job elsewhere. For many savers, that means shifting a portion of excess cash into money market funds, which aim to keep risk relatively low while offering easier access to funds than longer-dated investments.
Bibit also points to government bonds as another way to put spare cash to work, especially for people who want a more predictable return and can accept a fixed holding period. The broader point is not that deposits are losing relevance, but that households may want to separate emergency cash from money that can be invested with a better chance of beating a standard savings rate. Bibit also notes that historical returns are no guarantee of future performance.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
