No: 27/222/DKom 

The Association of Southeast Asian Nations (ASEAN) region continues to unite in its efforts to strengthen regional financial stability, resilience and integration. ASEAN central banks agree that amid the ongoing dynamics of global uncertainty, supply chain fragmentation, rapid digitalisation and the energy transition, the ASEAN region must strengthen financial integration to maintain resilience and unlock new growth opportunities. That was a key takeaway of the 30^th ASEAN Senior Level Committee on Financial Integration (SLC) held in Yogyakarta on 18-19^th September 2025. Bank Indonesia and the State Bank of Vietnam (SBV) served as co-chairs during the meeting.

Bank Indonesia Deputy Governor, Filianingsih Hendarta, affirmed Indonesia's commitment to strengthen trade integration and direct investment in the ASEAN region by reducing non-tariff barriers, accelerating payment system connectivity and expanding the use of local currencies. Deputy Governor Filianingsih also emphasised the importance of strengthening regional safety net and encouraged the financial sector in the ASEAN region to play a key role in maintaining resilience and deepening financial integration.

“Bank Indonesia continues to strengthen its commitment to using local currency transactions (LCT) as a key instrument in reducing external vulnerability and deepening financial integration," stated Deputy Governor Filianingsih. In addition to highlighting this significant issue, Deputy Governor Filianingsih also stressed the importance of strengthening crisis management amid deeper integration of the banking industry and capital markets to ensure regional stability is maintained.

The next ASEAN Senior Level Committee on Financial Integration (SLC) will be held in the Philippines in the first quarter of 2026, with Bank Indonesia and the State Bank of Vietnam (SBV) returning as co-chairs.

Jakarta, 19^th September 2025
Communication Department
Ramdan Denny Prakoso