Jakarta, May 17 -- Indonesia's banking fundamentals remain solid, particularly among state-owned banks, as national intermediation performance continues to grow despite global economic pressures, an expert said.

Financial consultant and planner Elvi Diana stated in a written statement in Jakarta on Sunday that state-owned banks' ability to maintain credit growth and profitability is supported by strong business structures, government backing, and sustained public trust amid global economic uncertainty.

According to data from the Financial Services Authority (OJK), bank lending grew 9.49 percent year-on-year (yoy) to Rp8,659.05 trillion (approximately US$491.9 billion) as of March 2026, up from 9.37 percent yoy growth recorded in Februar...