Indonesian President Prabowo Subianto has directed state-owned banks to prioritize broader economic and social impact alongside profit. He instructed the Himbara – an association of state banks – to expand their reach and support national development goals. The President emphasized the importance of these banks serving the public interest, particularly in financing crucial sectors and supporting micro, small, and medium-sized enterprises (MSMEs). This directive signals a potential shift in focus for state banks, moving beyond purely commercial objectives. Subianto’s call aims to leverage the significant resources of state banks to address economic inequalities and stimulate inclusive growth across Indonesia. Further details regarding specific initiatives and targets are expected to be announced following further discussions.