Borrow against your IDX-listed shares.
An Indonesia stock loan turns a concentrated holding into liquidity — without selling, without surrendering ownership, and without leaving the register.
What an Indonesia stock loan actually is.
A stock loan is a financing secured by a pledge of your IDX-listed shares. You draw cash against the value of the holding while the shares remain yours — and you recover them in full when the loan is repaid.
The mechanics are simple to state. You pledge listed shares as collateral, capital is advanced against an agreed loan-to-value, and the position is held under documented custody for the term. Throughout, you keep beneficial ownership of the shares, the full economic upside of the position, and — depending on how the structure is built — your dividend entitlement and your vote.
When the loan matures and is repaid, the pledge is released and the shares return to you, unchanged. The transaction leaves no permanent mark on your holding.
A sale ends your relationship with the company. A stock loan simply borrows against it for a while.
Sale vs. pledgeThe contrast with an outright disposal is the whole point. Selling realises cash but permanently removes you from the position — forfeiting the upside, potentially triggering tax, disclosure, and control consequences, and signalling to the market. A stock loan extracts only the capital you need and preserves everything else. To weigh it against a sale, brokerage margin, and a repo side by side, see liquidity options compared.
Built for shareholders with a meaningful stake to protect.
If your wealth is concentrated in a single Indonesian-listed counter — and you would rather not unwind it — a stock loan is designed for you.
- 01Founders & controlling shareholders of IDX-listed companies who need liquidity without diluting control or signalling a sale.
- 02Major individual shareholders holding a large, long-term position they intend to keep.
- 03Family holding companies consolidating listed equity across generations and entities.
- 04Listed corporates with treasury or strategic cross-holdings to mobilise without divestment.
- 05Pre-IPO & lock-up holders seeking interim liquidity before they are contractually free to sell.
- 06Long-term shareholders who want capital today but the position tomorrow.
The terms that shape an Indonesian stock loan.
No two listed positions are alike, so terms are structured around the specific ticker rather than quoted from a rate card. The framework below is indicative.
Indicative LTV
Varies with the liquidity, volatility, free float, and concentration of the underlying share. A figure is issued only after review of the specific holding. Try the illustrative LTV calculator.
12–36 months
Typical terms run from one to three years, with renewal and early-repayment mechanics agreed in the documentation.
Fixed or floating
Interest may be fixed or floating, and either serviced periodically or rolled into the structure for the life of the loan.
Recourse profile
Non-recourse, limited-recourse, or full-recourse, depending on the structure and the collateral. See recourse profiles in Indonesia.
IDX Main & Dev Board
Shares listed on the Main Board and selected Development Board counters, including holdings in sectors subject to foreign-ownership limits.
From IDR 15B
Transactions are typically structured for positions valued from IDR 15 billion upward, with no defined upper bound.
How the pledge works in Indonesia.
An IDX position is not generic collateral. Scripless settlement, KSEI custody, and corporate-action handling all sit at the centre of how a stock loan is built.
- 01Custodian-held collateral. The borrower opens an account with the designated custodian, over which the lender takes security; the collateral shares are held in that account, in scripless, book-entry form, with beneficial ownership preserved.
- 02Custody fits the structure. Custody arrangements are matched to the agreed structure and recourse profile, with the collateral held in a manner appropriate to both.
- 03Margin & top-up, documented up front. Any margin maintenance and top-up mechanics are defined at the outset, so the rules of the term are clear before funding.
- 04Corporate actions & dividends. Treatment of dividends, rights, and other corporate actions is set out in the documentation and aligned to how the position is structured.
From first conversation to capital in hand.
Five clear stages, a senior principal at every one of them, and your ownership of the position left undisturbed throughout.
Confidential enquiry
You share the high-level details — the ticker, the approximate size, and your objective. An NDA is available on request before anything is disclosed.
Indicative terms
A principal reviews the position and returns a preliminary structure and indicative LTV, typically within 2–3 business days.
Documentation
Loan, pledge, and custody agreements, with KYC and source-of-funds checks, reviewed by your Indonesian counsel.
Pledge & custody
The borrower opens an account with the designated custodian, over which the lender takes security; the collateral shares are held in that account, with beneficial ownership preserved.
Funding & stewardship
Capital is released on agreed timelines, with one principal as your point of contact for the life of the loan.
Indicative terms typically follow within 2–3 business days; full execution usually completes in 2–4 weeks, with your counsel engaged in parallel throughout.
Disclosure is a matter for your own counsel.
We arrange and introduce — your own counsel handles disclosure and regulation.
Any disclosure or regulatory obligations are a matter for your own Indonesian legal counsel, engaged in parallel; we act as arranger and introducer and do not provide legal or regulatory advice.
We are happy to coordinate with the advisers you appoint so that the financing and your own compliance workstream move in step, but the assessment of what applies to your position — and any filing — remains theirs.
Nothing on this page is legal or regulatory advice. Specific obligations are confirmed with your Indonesian counsel as part of each transaction.
Stock loans in Indonesia, answered.
01What is an Indonesia stock loan?
02Who is a stock loan for?
03What LTV, tenor, and interest apply?
04Which Indonesian shares are eligible as collateral?
05How is the pledge held and what about dividends?
06Does pledging my shares trigger disclosure to OJK?
Find out what your IDX position can raise.
Share the high-level details and a senior principal will return indicative terms — confidentially, usually within 2–3 business days.