According to an official announcement by the Financial Services Authority (OJK) on September 4, 2026, PT Jaminan Kredit Indonesia officially operates under a new business license for the guarantee sector following a corporate name change, as outlined in decree KEP-476/PD.02/2026 issued by the OJK Board of Commissioners.
OJK Grants Guarantee Business License for Corporate Renaming
The regulatory approval marks a formal shift for the institution, establishing its updated corporate identity as Perusahaan Perseroan (Persero) PT Jaminan Kredit Indonesia. According to I Wayan Wijana, Executive Director and Head of the Licensing, Special Examination, and Quality Control Department for Insurance, Guarantee, and Pension Funds at OJK, the updated name takes effect immediately upon the issuance of the regulatory decree.
Financial regulators maintain strict oversight during corporate restructuring phases within the Indonesian financial ecosystem. This specific licensing update aligns with a series of administrative adjustments across financial institutions overseen by the OJK Board of Commissioners.
Did you know? Regulatory approvals for financial entities require formal Board of Commissioners decrees to update institutional scopes, risk parameters, and compliance frameworks under Indonesian law.
Mandates for Sound Business Practices Under the Updated License
Following the formal authorization of the corporate title, OJK has outlined strict operational expectations for the institution. According to official statements from I Wayan Wijana, the newly designated Perusahaan Perseroan (Persero) PT Jaminan Kredit Indonesia must continuously implement sound business practices in all operational activities.
Furthermore, regulatory compliance requires the guarantee provider to strictly reference all applicable statutory provisions and prevailing laws governing the Indonesian financial services and guarantee sectors. These mandates ensure that institutional rebranding does not dilute risk management standards or statutory compliance obligations.
Frequently Asked Questions
When did the name change for PT Jaminan Kredit Indonesia take effect?
According to OJK, the name change and the updated guarantee business license took effect on September 4, 2026, based on decree KEP-476/PD.02/2026.
Which regulatory body authorized the renaming of PT Jaminan Kredit Indonesia?
What are the primary operational requirements following the license update?
According to OJK Executive Director I Wayan Wijana, the institution is required to maintain sound business practices and strictly adhere to all applicable laws and regulations governing the industry.
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