Press Release IDX-PEFINDO Prime Bank for The Period of January 1, 2026 - June 30, 2026

IDX-PEFINDO Prime Bank Index Constituents for the Period January to June 2026

PEFINDO and the Indonesian Stock Exchange (IDX) have conducted a major review, which takes place every six months in December and June. The results of this review will be valid for the next six months. The analysis used PEFINDO rating data and stock trading data from banking sector companies owned by IDX. The following companies are constituents of the IDX-PEFINDO Prime Bank Index for the period of January to June 2026:

          (*) New member of IDX-PEFINDO Prime Bank for January–June 2026.

IDX-PEFINDO Prime Bank: Solid Long-Term Prospects

Throughout 2025, Indonesia’s equity market operated in an environment still marked by both global and domestic uncertainty, keeping market volatility at relatively elevated levels. In the short term, banking sector stocks continued to face pressure, driven by rising funding costs, tight liquidity conditions, and banks’ cautious approach to credit expansion. External factors, including global interest rates remaining at high levels, also constrained investor appetite for banking stocks. Nevertheless, from a medium- to long-term perspective, Indonesia’s banking sector remains in a relatively stable position. Solid banking fundamentals—supported by strong capitalization, well-maintained asset quality, and accommodative macroprudential policies—serve as key buffers. Accordingly, despite ongoing short-term pressures, banking stocks are expected to maintain resilience and relatively stable long-term prospects.

The IDX-PEFINDO Prime Bank Index, one of Indonesia’s benchmark indices for the banking sector and comprising major banks as its constituents, has not been immune to these pressures. However, the IDX-PEFINDO Prime Bank Index has been able to maintain relatively stable performance compared with other similar indices over the long term.

Based on performance since its base date (3 January 2017), the IDX-PEFINDO Prime Bank Index continues to demonstrate superior performance compared with other benchmark indices on the Indonesia Stock Exchange, although it remains slightly below indices with a broader financial sector theme. As of December 30, 2025, the return of the IDX-PEFINDO Prime Bank Index relative to its base value (3 January 2017) reached 87.89%. This return outperformed the JCI (IHSG), LQ45, IDX30, and Infobank15, which recorded returns of 63.89%, -4.15%, -8.16%, and 68.15%, respectively. This comparison indicates that the IDX-PEFINDO Prime Bank Index remains well-positioned in generating alpha relative to other benchmark indices on the Indonesia Stock Exchange.