According to a report by the Financial Services Authority (OJK), the disbursement of online loans in Indonesia reached Rp20.67 trillion in June 2022, an 11% increase from the previous month.
The disbursement of online loans in June 2022 was highest in DKI Jakarta, reaching Rp6.55 trillion, or 31.68% of the national total.
West Java ranked second with online loan disbursements of Rp4.87 trillion, followed by East Java at Rp2.48 trillion, Banten at Rp1.57 trillion, and Central Java at Rp1.36 trillion.
Following these were North Sumatra, South Sumatra, and South Sulawesi, with online loan disbursements of Rp429.75 billion, Rp305.14 billion, and Rp303.79 billion, respectively. Then came Yogyakarta Special Region at Rp286.01 billion, and Lampung at Rp259.89 billion.
The lowest online loan disbursement in June 2022 was in West Papua, at only Rp15.29 billion.
Overall, the total disbursement on Java Island was recorded at Rp17.13 trillion in June 2022. This means that the island accounted for 82.87% of national online loan disbursement.